If the terms of the contract specify FOB (free on board) factory:
A) the seller has title until the goods are received at the destination
B) the seller is responsible for any loss during transportation
C) the buyer assumes the responsibility and risk for the merchandise as soon it leaves the factory
D) the seller does not expect payment for the merchandise until it reaches its destination
E) the goods are being sold on consignment
Correct Answer:
Verified
Q43: When James sold the protective window bars
Q66: Orders become contracts to sell when:
A)the salesperson
Q67: If the salesperson for a paint manufacturer
Q67: Kevin purchased a lawn mower with blades
Q69: In Canada, where puffery is more closely
Q71: When Murray purchased the new drink machine
Q73: When the purchasing agent bought an order
Q74: If the terms of the contract specify
Q77: A(n) _ is an oral or written
Q92: _ is a special relationship in which
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents