When does risk of loss pass in a sale of goods that does not involve a common carrier?
A) Upon tender of delivery for both merchant sellers and nonmerchant sellers
B) Upon tender of delivery for merchant sellers and when goods are received by the buyer in
the case of nonmerchant sellers
C) When goods are received by the buyer for both merchant sellers and nonmerchant sellers
D) Upon tender of delivery for nonmerchant sellers and when goods are received by the
buyer in the case of merchant sellers
D
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Which of the following is a primary advantage for the consumer when using the internet for shopping?
A) Objective customer reviews B) Faster delivery C) Elimination of added costs of wholesalers and retailers D) Efficient use of corporate resources E) Cost-oriented pricing
According to the Sarbanes-Oxley Act of 2002, if a company must restate financial statements due to material noncompliance with a financial reporting requirement, the act requires that the CEO ________
A) repay any bonuses received during the 12 months prior to the issuance of the financial statements in question B) make a public apology to stock holders C) resign from the position of CEO D) All of the above.