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answer all the following multiple choice questions: answer all the following true or false questions: 32. Circuit Eectronics, Inc, accepts a shipment of CD players

answer all the following multiple choice questions:image text in transcribedanswer all the following true or false questions:

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32. Circuit Eectronics, Inc, accepts a shipment of CD players firom Delta Devices, Inc. When Circuit later discoves a dofeot in the playcrs, it rovokes acceptance. The players are destroyed befocethey are retumed to Delta The loes is suffored by a. Circuit. b. Deta. c. Cirit and Deta equally. d none ofthe above. 33. Retail Stores, Inc, agrees to buy caxisting goods from Consumer Products and sends a deposit to Consmer Products Corporation, an insurable interest in the goods exists in a. Consumer only b. Retailonly. c. Consumer and Retail. d. none of the above. 36. Mountain Bikes, Inc, and Local Bicycle Store oontract for a sale of seventy bicycles fromi Mountain to Local. Tho contract does not spocify which type of delivery contract is formed. Tlie bkos aro lost in transit. The risk belongs to: a. Mountain Bikes, Inc, because it was a destination contract b. Mountain Bikos Inc.becanseit was shipment contract c. Local Bicycle Store becanso it as dostination contract d. Local Bioycle Store becanse it as shipmest contract 38. Art is permitted by Westem Motors to test drive a car. Art wrecks the car in an accident. The loss is suffered by a. Westam Motors, becauso the car was wrecked during consignnent. b. Westam Motors, becauso the car was not identified in the contract. c. Westem Motons, because it qualifies as a conditional sale. d. Art, because he was driving the car. 19. When both parties involved in a deal are non-merchants, tand goods are held by seller) the seller bears risk of loes until the buyer actually takes possession. 20. The UCC treats a consignment as a sale on approval

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