Which of the following statements is TRUE as a general rule?
A) Property passes under an unconditional contract for the sale of specific goods in a deliverable state only once the buyer pays the price.
B) Property passes under a contract that requires the seller to modify the goods in order to put them into a deliverable state only when the goods are delivered to the buyer.
C) Property passes under a contract that requires the seller to do something to ascertain the price of the goods as soon as the price is determined.
D) Property passes under a contract "on sale or return" only if the buyer pays the price.
E) Property passes under a contract that requires the seller to test the goods as soon as the seller does so and notifies the buyer.
Correct Answer:
Verified
Q29: Fenna bought a specific widget from Maurice.The
Q30: On March 1,Giselle saw Harlan demonstrating a
Q31: Kasper bought a truckload of gravel from
Q33: Yossuf is a carpenter who manufactures furniture.Among
Q35: If goods are sold by both description
Q36: The general rule in sales is caveat
Q37: Which of the following statements is TRUE?
A)The
Q38: In March, Nena entered into several transactions
Q38: The Sale of Goods Act implies a
Q39: Juan bought a lawn mower at Raija's
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