A buyer owned a retail store in Baltimore,and the seller was a manufacturer in Los Angeles.If the buyer orders goods from the seller to be shipped "FOB Baltimore," which of the following statements is true?
A) The seller bears the expense and risk of delivering the goods to Baltimore.
B) Both equally share the risk of loss.
C) The seller bears the expense and risk of delivering the goods only to the carrier in Los Angeles.
D) The buyer bears the risk of loss as he has the power to take possession of the goods.
Correct Answer:
Verified
Q19: Article 2 of the UCC applies to
Q20: The Code requires both the original owners
Q21: A buyer who rejects tender of goods:
A)still
Q22: If Lily takes her diamond ring to
Q23: Under the UCC,a buyer in the ordinary
Q25: _ means "honesty in fact in the
Q26: Eloise took her prized poodle,Tiny,to Pam's Pet
Q27: A seller who has voidable title:
A)can pass
Q28: Which of the following is a part
Q29: Under the UCC,which of the following statements
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