Multiple Choice
In an ordinary lease,when does the risk of loss pass from the lessor to lessee,if the lessor is a merchant?
A) when the parties sign the lease contract
B) when the lessee makes the first lease payment
C) when the lessor receives the first lease payment
D) when the lessee receives the goods
E) when the lessor ships the goods
Correct Answer:

Verified
Correct Answer:
Verified
Q104: In a consignment,title passes to the consignee
Q105: Frank is a second-hand furniture dealer.Frank goes
Q106: When a seller breaches a contract for
Q107: What is the difference between a sale
Q108: One way to create a destination contract
Q110: Unborn young animals (such as unborn cattle)are
Q111: What is a title?<br>A) the name of
Q112: In a no-arrival,no-sale contract the seller has
Q113: Under a sale on approval which of
Q114: Susan orders a great computer from an