Yossuf is a carpenter who manufactures furniture. Among other things, he specializes in carving chairs out of a single block of wood. He then personalizes each chair by carving the owner's name into the backrest. Yossuf's store contains a number of such chairs. Krystelle saw the chairs, was impressed, and agreed to buy one for $1500. Unfortunately, Yossuf's entire stock of chairs was destroyed in a fire before Krystelle could take possession of her chair. Which of the following statements is TRUE?
A) Krystelle is entitled to recover any money that she paid to Yossuf as part of the price.
B) Because the parties agreed on the price at the outset, the risk passed to Krystelle as soon as the contract was created.
C) Krystelle will be required to pay the price as long as Yossuf intended to carve her name into a particular chair before the fire occurred.
D) The facts demonstrate that the parties' contract contained a "retention of title clause."
E) This case will be decided under Rule 4.
Correct Answer:
Verified
Q2: Because the sale of goods is subject
Q3: Alison bought a computer from Hugh. The
Q4: Lucy sells bulk foods to restaurants. Jean-
Q5: Which of the following statements is TRUE?
A)
Q6: Which of the following can be the
Q7: Which of the following transactions falls OUTSIDE
Q8: The Sale of Goods Act implies a
A)
Q9: Sigmund ordered and ate a meal at
Q10: Kasper bought a truckload of gravel from
Q11: Myla became violently ill after eating a
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