Question
H3. Hack Company owned 100 tires which it depos- ited in a public warehouse on April 25, receiving a negotiable warehouse receipt in its name,
H3.
Hack Company owned 100 tires which it depos- ited in a public warehouse on April 25, receiving a negotiable warehouse receipt in its name, Hack sold the tires to Fast Freight Co. On which of the following dates did the risk of loss transfer from Hack to Fast?
A-May 1-Fast signed a contract to buy the tires from Hack for $15,000. Delivery was to be at the warehouse.
B-May 2-Fast paid for the tires.
C-May 3-Hack negotiated the warehouse receipt to Fast.
d. May 4-Fast received delivery of the tires at the warehouse.
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Managing Business Ethics Making Ethical Decisions
Authors: Alfred A. Marcus, Timothy J. Hargrave
1st Edition
1506388590, 978-1506388595
