Grace purchases three tons of fine merino wool on behalf of Woolen Creations.Woolen Creations wants the wool to remain in the warehouse where it is being stored until it is needed.Grace makes an offer for the wool on Monday.The offer is accepted on Tuesday.The warehouser gives Woolen Creations a warehouse receipt on Wednesday.Woolen Creations picks up the wool from the warehouse three months after the sale.Title for the wool passed to Woolen creations
A)on Monday.
B)on Tuesday.
C)on Wednesday.
D)three months after the sale.

Question

Quizplus · Accepted Answer

Title for the wool passed to Woolen Creations on Wednesday when the warehouser gave them a warehouse receipt, indicating that the goods were now under their control and ownership. Prior to that, the sale was only an offer and acceptance, and the ownership had not yet transferred. The fact that Woolen Creations picked up the wool three months later does not change the fact that title had already passed to them.

Grace Purchases Three Tons of Fine Merino Wool on Behalf