Multiple Choice
How does a "no-arrival,no-sale" contract differ from an F.O.B.destination contract?
A) If the goods fail to reach their destination,the seller must replace them in an F.O.B. destination contract,but not in a no-arrival,no-sale contract.
B) Risk of loss while the goods are in transit is on the seller in an F.O.B. destination contract,but on the buyer in a no-arrival,no-sale contract.
C) Implied warranties exist in the F.O.B. destination contract,but not in the no-arrival,no-sale contract.
D) Identification will occur in an F.O.B. destination contract,but not in a no-arrival,no-sale contract.
Correct Answer:
Verified
Correct Answer:
Verified
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