1. Cash on delivery; collect on delivery. • By consenting to this delivery term, the buyer agrees to pay simultaneously with delivery and appoints the carrier as the buyer’s agent to receive and transmit the payment to the seller. With C.O.D. contracts, the practice of carriers has traditionally been to disallow inspection before payment. [Cases: Sales 82(3).]
2. Costs on delivery.
3. Cash on demand. — Sometimes written c.o.d.