Multiple Choice
Twyla buys a bicycle from U-Pik-It Bike Store, which agrees to keep the bike for Twyla until she picks it up. Before Twyla gets the bike, a fire destroys the store and the bike. The loss is suffered by
A) neither Twyla nor U-Pik-It
B) Twyla and U-Pik-It.
C) Twyla only.
D) U-Pik-It only.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: When a lessee sells leased equipment to
Q26: Uri sells 100 cases of vitamins to
Q27: Eagle Company sells new and used motorcycles.
Q27: In the following situations,two parties claim the
Q28: Little Jewelry Store orders display racks from
Q29: When an owner holds fungible goods as
Q32: Under a shipment contract, the risk of
Q32: Lou's Bicycle Store contracts to buy fifty
Q35: If a sale involves crops that are
Q72: When the risk of loss for goods