Solved

A Seller and Buyer Have Just Agreed That the Buyer

Question 59

Multiple Choice

A seller and buyer have just agreed that the buyer will purchase 1,000 of the widgets from the thousands that the seller has in its warehouse.The buyer will pick them up at the seller's warehouse.The day before the buyer is to pick them up,the seller's employee sets the 1,000 widgets aside.What is the significance of setting the buyer's widgets aside?


A) It shifts the risk of loss to the buyer.
B) It constitutes identification.
C) It terminates the buyer's ability to revoke.
D) It fully discharges the seller's duties under the contract.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions