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Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings
Edition 22ISBN: 978-1133587590Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings
Edition 22ISBN: 978-1133587590 Exercise 2
Which of the following statements applies to a sale on approval under the UCC Sales Article?
a. Both the buyer and seller must be merchants.
b. The buyer must be purchasing the goods for resale.
c. Risk of loss for the goods passes to the buyer when the goods are accepted after the trial period.
d. Title to the goods passes to the buyer on delivery of the goods to the buyer.
a. Both the buyer and seller must be merchants.
b. The buyer must be purchasing the goods for resale.
c. Risk of loss for the goods passes to the buyer when the goods are accepted after the trial period.
d. Title to the goods passes to the buyer on delivery of the goods to the buyer.
Explanation
Verified
Verified
a) False.
Both parties don't need to be...
Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings
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