Which of the following is not an indicator that control of a good has passed from the seller to the buyer?

A) Buyer has an unconditional obligation to pay.
B) Buyer has legal title.
C) Buyer has scheduled delivery.
D) Buyer has assumed the risk and rewards of ownership.

Answer: C) Buyer has scheduled delivery.

Business

You might also like to view...

Members of management at Growing Green, a company that markets organic and environmentally friendly gardening and landscaping supplies and equipment, are evaluating the benefits and disadvantages of indirect exporting, direct exporting,

and licensing. In which stage of the global marketing process is Growing Green? A) deciding whether to go global B) deciding which markets to enter C) deciding how to enter the market D) deciding on the global marketing program E) deciding on the global marketing organization

Business

The final and authoritative compilation of federal administrative regulations is called:

a. the Federal Register b. the Code of Federal Regulations c. the United States Code d. the National Register

Business