Exam 23: Title and Risk of Loss

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__________ goods are goods that, when mixed together, are indistinguishable.

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​Bob Corporation entered into a contract to sell parts to Zeck.The contract provided that the goods would be shipped "FOB Bob's warehouse." Bob shipped parts to Zeck that were stolen from the carrier.When Zeck checked the invoice, Zeck discovered that Bob had sent Model #20B instead of Model #20A, which the contract required.Whose loss? Why?

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In the case of a nonshipment contract, risk of loss passes to the buyer upon actual receipt of goods:

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Anderson Clock Company is in the business of selling and repairing clocks.Jay purchased a grandfather clock from them.Laurie had left the clock at Anderson's for a cleaning and calibration.When Laurie found out the clock had been sold, she contacted Jay and demanded he return it.Must Jay comply with Laurie's demand?  What other options does she have?

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"Without reserve" auctions give the auctioneer the right to withdraw the goods from the sale process if the bids are not high enough.

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