Which of the following terms is closely related to destination contracts?

Select one:

a. CIF (cost, insurance, and freight)

b. FAS (free alongside)

c. Ex-ship

d. C&F (cost and freight)

Which of the following statements is true of a negotiable document of title?

Select one:

a. It serves as a contract between the seller and the shipper.

b. It is given to a buyer before he or she makes the payment for the goods.

c. It does not identify who has control of the goods.

d. It is used when a buyer rejects the goods delivered.

If a buyer rejects tender of the goods, title:

Select one:

a. will be retained with the buyer.

b. can be retained if the contract does not describe the goods.

c. will automatically be revested in the seller.

d. can be retained only for a limited period of time.