VIEWS: 29 PAGES: 3 CATEGORY: Business Forms and Receipts POSTED ON: 12/8/2011
This Notice of Cash on Delivery is used in a situation whereby a purchaser requests payment by credit and the seller refuses such credit terms and makes a counteroffer for payment by cash upon delivery. Cash on delivery (COD) is a type of transaction in which payment for goods is made at the time of delivery and if the purchaser does not make payment, the goods are returned to the seller. This type of transaction is usually done through a shipping company and minimizes the risk of default or fraud for both buyers and sellers. This document should be utilized by sellers located in Maryland who ship products and want to ensure payment by purchasers.
"Maryland Notice of Cash on Delivery"