In transit means that the seller or lessor has delivered the goods to a carrier or bailee,but the carrier or bailee has not yet turned them over to the buyer.

Name: In transit means that the seller or lessor has delivered the goods to a carrier or bailee,but the carrier or bailee has not yet turned them over to the buyer.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In transit means that the seller or lessor has delivered the goods to a carrier or bailee but the carrier or bailee has not yet turned them over to the buyer.

In Transit Means That the Seller or Lessor Has Delivered