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Question Practice

What does the term 'default on payment' refer to?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Emerging Modes of Business
Question Bank

What does the term 'default on...

Single Answer MCQ
Q-00064651

What does the term 'default on payment' refer to?

1

Goods not delivered as promised

2

Customer claims payment made but seller claims otherwise

3

Failure to use a valid card

4

Shop owner closing the transaction

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