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QUESTION 1 1 points Agun manufacturer in Helena, Montana agrees to sell guns and ammunition to the ATF in Washington, D.C. The terms of the
QUESTION 1 1 points Agun manufacturer in Helena, Montana agrees to sell guns and ammunition to the ATF in Washington, D.C. The terms of the contract specify that the goods are to be shipped "FOB, Chicago." When does the buyer acquire title and risk of loss? When the goods reach Chicago. When the goods are delivered to the carrier in Montana When the goods are tendered in Washington D.C. by the carrier. When the goods reach Washington D.C. 1 points QUESTION 2 Bernie's stereo has been damaged when his niece spilled some juice on it. He takes it to High Fidelity Co, to be fixed. Five days later, when he returns to the store to pick it up, he finds out that a clerk had sold it to a customer, thinking it was part of their used items inventory. Which of the following is true? High Fidelity did not have the power to transfer Bernie's rights in the stereo. Bernie may recover his stereo from the third party, If the third party buyer was a good faith purchaser, Bernie will not be able to get his stereo back as he entrusted his stereo to High Fidelity. Bernie may recover his stereo provided he was given a receipt by High Fidelity. Bernie may recover his stereo if he can prove that the clerk at High Fidelity was not a good faith seller
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