Which of the following statements is true for a sale on approval?
A) Goods are delivered to the buyer primarily for exchange purposes.
B) Goods are delivered to the buyer primarily for the buyer's use.
C) The risk of loss and title automatically pass to the buyer.
D) The trial of goods is regarded as an acceptance by the buyer.
Correct Answer:
Verified
Q38: Patty buys a Persian rug from James,a
Q39: When a contract is silent about the
Q40: Jelly Manufacturer,a food processor in Chicago,placed a
Q41: What happens if a buyer rejects the
Q42: If a buyer repudiates a contract for
Q43: Sales on approval are primarily _ transactions.
A)
Q44: In a return contract,goods are delivered to
Q45: Which of the following applies to an
Q46: In June,Ed entered into a contract to
Q47: Myron bought a valuable painting from Williams
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