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Anderson's Business Law and the Legal Environment 20th Edition by David Twomey,Marianne Jennings
Edition 20ISBN: 978-0324638189Anderson's Business Law and the Legal Environment 20th Edition by David Twomey,Marianne Jennings
Edition 20ISBN: 978-0324638189 Exercise 13
Which of the following statements applies to a sale on approval under the UCC Sales Article?
a. Both the buyer and seller must be merchants.
b. The buyer must be purchasing the goods for resale.
c. Risk of loss for the goods passes to the buyer when the goods are accepted after the trial period.
d. Title to the goods passes to the buyer on delivery of the goods to the buyer.
a. Both the buyer and seller must be merchants.
b. The buyer must be purchasing the goods for resale.
c. Risk of loss for the goods passes to the buyer when the goods are accepted after the trial period.
d. Title to the goods passes to the buyer on delivery of the goods to the buyer.
Explanation
Verified
Verified
Both parties don't need to be merchants....
Anderson's Business Law and the Legal Environment 20th Edition by David Twomey,Marianne Jennings
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