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State whether the statements are TRUE or FALSE; and give reason for your answer. For example: True because ..... (a)Mr X receives goods attached with

State whether the statements are "TRUE" or "FALSE"; and give reason for your answer. For example: True because ..... (a)Mr X receives goods attached with a note from Mr Y, "If I don't hear from you, I assume you will keep these goods and pay for them." Here, Mr X's failure to respond to Mr Y seller is not an acceptance and the goods need not be returned. (b) If the contract requires the seller to deliver the goods to a carrier at a named place, who will then carry the goods to the buyer, the risk of loss passes to the buyer when the goods leave the warehouse of the seller. (c) Under the CISG, the right of the buyer to recover can only be availed after the seller is given a period of grace in which to comply

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