Asked by
Shelly Smith
on Oct 27, 2024Verified
Payment made to a supplier automatically constitutes an acceptance of the goods.
Payment
The transfer of money or goods from one party to another as compensation for receiving goods, services, or to fulfill a legal obligation.
Acceptance of Goods
The act of receiving a product or service and agreeing that it meets the contractual specifications and requirements.
- Comprehend the entitlements and choices available to purchasers and vendors in deals.
Verified Answer
BA
Learning Objectives
- Comprehend the entitlements and choices available to purchasers and vendors in deals.