In a requirements contract, title and risk of loss pass to the buyer when the goods are tendered at their destination, and the shipper (e.g., in Boston) assumes ownership responsibility until then.

a. true
b. false

Answer: b. false

Business

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Limited-service wholesalers do not take title to the merchandise they handle

Indicate whether the statement is true or false

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Keogh plans and IRAs are

A) individual pension plans. B) government pension plans. C) corporate pension plans. D) public pension plans.

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