Under the Uniform Commercial Code,the risk of loss in a destination contract passes to the buyer when the goods are tendered to the buyer at that place.
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Q5: In an international transaction,the seller risk is
Q6: The documentary letter of credit is a
Q7: When a party takes a negotiable document
Q8: The "bill of lading" is issued by
Q9: A straight bill of lading assures that
Q11: A clean bill of lading does not
Q12: A seller who quotes on open account
Q13: Negotiable instruments are unconditional promises to pay.
Q14: Most buyers in an international sale are
Q15: Another term in lieu for a negotiable
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