What payment terms apply for orders between $2,500 and $50,000?

In the context of payment terms for orders ranging between $2,500 and $50,000, the correct choice is COD, which stands for Cash on Delivery. This payment method requires customers to pay for their order at the time the goods are delivered.

This approach minimizes the risk for the seller, as it ensures that payment is secured before the customer takes possession of the product. It is commonly used for transactions where the seller and buyer may not have an established relationship or credit history. COD is particularly relevant in situations where the order amount is significant, as it helps protect the seller's interests.

Understanding the payment terms associated with different order amounts is important for both buyers and sellers to facilitate smooth transactions and manage cash flow effectively. In contrast, options like net terms would typically apply to established customers with credit arrangements, while prepayment requires full payment before the order is fulfilled, which could be less common for this range of order sizes. Master Bill generally relates to specific shipping arrangements rather than payment terms.

Overall, COD is a practical option for transactions within this order size that balances risk and reliability for both parties involved.