What do the words "deliver to the order of seller" indicate in a goods-in-bailment contract?
A) A negotiable document
B) A nonnegotiable document
C) A shipment contract
D) An origin contract
E) An execution contract

Question

Quizplus · Accepted Answer

If the seller has a negotiable document (i.e., a document containing the words "deliver to the order of [seller]"), then both title and risk of loss transfer from the seller to the buyer as soon as that negotiable instrument is endorsed over to the buyer.

What Do the Words "Deliver to the Order of Seller