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Export Industries Ltd

Question 1

Multiple Choice

Export Industries Ltd., a Canadian Corporation with a factory in London, Ontario, agrees to sell a customer in Germany 2,000 microwave ovens FOB Lufnaia Airlines, Toronto, Pearson Airport. Which of the following statements is CORRECT?


A) Export is liable until the goods leave Toronto on the airline.
B) The customer's insurance covers the goods from the time they are separated out and loaded at the London, Ontario factory.
C) Title passes when the goods leave the London factory.
D) Export is only liable if their employees damage the goods prior to their arriving in Toronto.
E) Export is liable for the goods until they are loaded into Lufnaia Airlines.

Correct Answer:

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