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Article #85

Re: USR PCMCIA 28.8K Sportster

#85
From: Albert C. Lee
Date: Mon, 09 Jun 1997 00:00
30 lines
2779 bytes
: Enlighten me, I've never heard of COD how does it work?  

COD -- Cash On Delivery.  The sender declares a value on the
package which the receiver must pay.  The receiver receives
the package, pays the UPS guy, and a little while later, the
money gets paid to the sender.

Pros: In most cases, this is the most "trustworthy" method of
buying/selling on the net.  There are no "promises" to send
or receive anything.

Cons: If you need money fast, COD turnaround can be either
fast or painfully slow.  I have heard of up to 6 weeks delay.

Worst case scenario:

Buyer wants to buy a 21" monitor from seller for $1500
Seller sends out 20 bricks in a monitor box.
Buyer receives package, and it looks like a monitor.  Pays UPS guy
a check for $1500.
Buyer opens the box and finds out he's been duped.
No way to get the check back.  Sender gets $1500 free.

------- REMOVE *REMOVE-THIS* WHEN REPLYING TO THIS MESSAGE ----------
Albert C. Lee                        URL: http://www.leesoft.com/alee
209 Valley Forge Lookout Place, Radnor, PA 19087
Home phone: (610)260-1093            Cellular: (610)324-9569
Home fax  : (610)260-1096            Company : http://www.leesoft.com
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From: alee@news.comcat.com (Albert C. Lee)
Subject: Re: USR PCMCIA 28.8K Sportster
Date: 1997/06/09
Message-ID: <5nh9qt$6f8@iz.comcat.com>
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