Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Title to goods shipped FOB destination passes when the goods are __________ the buyer. Question 1 options: paid for by sold to delivered to None
Title to goods shipped FOB destination passes when the goods are __________ the buyer.
Question 1 options:
paid for by | |
sold to | |
delivered to | |
None of the options are correct. |
Goods that do not exist at the time of the sales transaction, but are expected to come into the possession of the seller are considered:
Question 2 options:
future goods. | |
prospective goods. | |
present goods. | |
upcoming goods. |
When the buyer refuses to pay the purchase price and the seller has possession of the goods, the seller may __________ the goods and __________ the buyer.
Question 3 options:
resell, sue | |
destroy, re-bill | |
resell, arrest | |
destroy, sue |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started