The arrangements between buyer and seller as to when payments for merchandise are to be made are called

A) credit terms
B) net cash
C) cash on demand
D) gross cash

Credit terms refer to the agreed-upon arrangements between buyer and seller for when payments will be made. Net cash refers to payment made in full at the time of purchase, whereas cash on demand refers to immediate payment upon receipt of goods. Gross cash is not a commonly used term in the context of payment arrangements.