Under F.O.B. shipment, the seller's obligation is to put the goods into the possession of a carrier and make a reasonable contract for their transportation, to deliver any necessary documents so the buyer can take possession, and promptly notify the buyer of the shipment.
Correct Answer:
Verified
Q5: In a consignment situation, the seller is
Q6: Acme Timber Company ordered machinery to harvest
Q7: In a destination contract, the seller's obligation
Q8: In a shipment contract, the seller's obligation
Q9: According to the Uniform Commercial Code, a
Q11: Under a sale-on-approval contract, risk of loss
Q12: A sale cannot occur without a shift
Q13: As long as the seller retains title
Q14: It the seller breaches the contract by
Q15: If goods are sold and delivered to
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