Question
Which of the following is NOT correct? Question 4 options: a. Often in an international sale of goods, the original buyer never takes possession of
Which of the following is NOT correct?
Question 4 options:
a. Often in an international sale of goods, the original buyer never takes possession of the goods, but sells them on to subsequent purchasers.
b. Once property in goods passes with delivery of a bill of lading, the buyer's right to reject the goods for defects is lost.
c. Payment of the purchase price of goods is normally due when the documents conforming to the contract are tendered to the importer or the importer's representative.
d. Failure by the exporter in a contract to present the relevant documents on time may entitle the importer to rescind that contract.
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