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Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594 Exercise 12
In December, Mendoza agreed to buy the broccoli grown on one hundred acres of Willow Glen's one-thousand-acre broccoli farm. The sales contract specified F.O.B. Willow Glen's field by Falcon Trucking. The broccoli was to be planted in February and harvested in March of the following year. Using the information presented in the chapter, answer the following questions.
At what point is a crop of broccoli identified to the contract under the Uniform Commercial Code? Why is identification significant?
DEBATE THIS: The distinction between shipment and destination contracts for the purpose of deciding who will bear the risk of loss should be eliminated in favor of a rule that always requires the buyer to obtain insurance for the goods being shipped.
At what point is a crop of broccoli identified to the contract under the Uniform Commercial Code? Why is identification significant?
DEBATE THIS: The distinction between shipment and destination contracts for the purpose of deciding who will bear the risk of loss should be eliminated in favor of a rule that always requires the buyer to obtain insurance for the goods being shipped.
Explanation
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When the crop of broccoli harvested in M...
Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
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