Multiple Choice
Cybermakers has contracted with a computer chip manufacturer to buy a quantity of computer chips for delivery the following month.These computer chips are in the seller's warehouse,and the contract's shipping terms are F.O.B shipping point.At this point,prior to the chips being shipped,who has an insurable interest in the computer chips?
A) the buyer only
B) the seller only
C) both the buyer and seller
D) neither the buyer nor seller
Correct Answer:

Verified
Correct Answer:
Verified
Q1: If no carrier is involved,the goods are
Q2: If a contract calls for the goods
Q3: Thief steals a truckload of appliances from
Q4: Which of the following best describes the
Q6: How does a "no-arrival,no-sale" contract differ from
Q7: What would a seller of goods use
Q8: In a carrier case,what is most important
Q9: Identification of goods is significant because:<br>A) it
Q10: One who has voidable title can transfer
Q11: A destination contract requires the seller to