Solved

According to the Uniform Commercial Code,which of the Following Statements

Question 17

Multiple Choice

According to the Uniform Commercial Code,which of the following statements is true of a destination contract?


A) A seller satisfies its obligation to ship goods once they are transferred to the shipper for transportation.
B) The risk of loss for damage to the goods remains with a seller until the goods safely arrive at a buyer's destination.
C) If the purchased goods are damaged in transit, then a buyer is held responsible only if the buyer has paid the full amount for the purchased goods.
D) The risk of loss for damage to the goods is transferred to a buyer when a seller packages the goods for shipment.
E) A buyer assumes the risk of loss for damage to the goods from the point of sale till the goods reach the destination.

Correct Answer:

verifed

Verified

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

Related Questions