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answer all the following true or false questions: 10. Acontract in which a buyr is allowed to take goods on a trial basis is a
answer all the following true or false questions:
10. Acontract in which a buyr is allowed to take goods on a trial basis is a sale on approval. 11. Generally a buyer has an insurabile interest im identified goods 12. Abuyer and a sellkr cannot noamally have an insurable interest in identical goods at the same time. 13. Fungible goods are goods that ane aike by physical nature, (goods which are interchangeable). 14. When doomatoftife is required, title passes to abuyer when and wheretedoumot is dhvered. 15. When no document of title is requirod and delivery is made without moving the goods, title to identified goods passes when a contract for their saleis made. 16. An inmocent buyer from a thief aoqits good title to the goods as a good faith purchaser. 17: Entrusting goods to a mechant who deals in goods of the kind gives the merchant the power to transftral rights to a buyer in the ordinary counse ofbusiness. 18. lfa seller is a merchant, tho risk of loss to goods held by the seller passes to a buyer on tender of deliveryStep by Step Solution
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