Warning: count(): Parameter must be an array or an object that implements Countable in /home/musiclegalcontra/public_html/wp-content/plugins/wp-e-commerce/wpsc-includes/cart.class.php on line 434

Warning: count(): Parameter must be an array or an object that implements Countable in /home/musiclegalcontra/public_html/wp-content/plugins/wp-e-commerce/wpsc-includes/cart.class.php on line 444
Help Contract Questions!!?
Shopping Cart
Marketing
Financing

Help Contract Questions!!?

Question by boyg: Help Contract Questions!!?
3.In a sale on approval
A.goods are delivered to the buyer primarily for the seller’s use
B.goods are delivered to the buyer primarily for the buyer’s use
C.risk of loss and title automatically pass to the buyer.
D.none
1.Delivery
A.cannot be made without moving the goods
B.is covered in part by the general title section of the Code
C.both a and b
D.none
9.Buyer owned a retail store in Baltimore, and Seller was a manufacturer in Los Angeles. If Buyer orders goods from Seller to be shipped “F.O.B. Baltimore” when does risk of loss pass to the Buyer?
A.When Seller delivers goods to the carrier in Los Angeles
B.When the goods are identified to the contract
C.When the goods are delivered to their destination
D.When the contract was made
8.The plaintiff in a contract action has no duty to mitigate his damages because he is the injured party
TrueFalse
1.Promisors in complete performance contracts who do not completely perform can always recover the contract price
True False

Best answer:

Answer by Star
3. Sale on Approval.

See UCC (Uniform Commercial Code), Article 2, Section 2-326:
A “sale on approval,” if the goods are delivered primarily for use

So, the answer is “B”
http://janus.state.me.us/legis/statutes/11/title11sec2-326.html

1. Delivery
http://www.law.cornell.edu/ucc/2/overview.html
Answer is “C”

9. FOB = “free on board”
Risk of loss
See: http://www.law.cornell.edu/ucc/2/2-509.html
If it does require him to deliver them at a particular destination and the goods are there duly tendered while in the possession of the carrier, the risk of loss passes to the buyer when the goods are there duly so tendered as to enable the buyer to take delivery.
I think the answer is “C”

8. False

1. False

P.S. You have two (2) #1s.

Know better? Leave your own answer in the comments!