If a seller is a merchant, the risk of loss passes when a buyer takes physical possession
Question:
If a seller is a merchant, the risk of loss passes when a buyer takes physical possession of the goods. (True/False)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
False If a seller is a merchant the risk of loss generally passes to the buyer upon delivery of the ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
Question Posted:
Students also viewed these Social Science questions
-
The term 'management information systems' has several popular meanings. Many writers use the term as a synonym for 'information systems'. In this text we use MIS to describe a broad class of IS, the...
-
. Consider a causal, linear, and time-invariant discrete-time system having a transfer function of 1 1 H(z) for 1>2 and an input signal, {x[n]}, having a Z-transform of X(z) = = 1_ I 2 1 Z-1 for z>1....
-
The US Womens Swimming Team won the 1500 m relay at the 2016 Olympic Games. Here are the completion times, in seconds, for all eight teams that competed in the finals: a. Calculate the sample...
-
Refer to Exercise 71. The population of voters in the town by age group is given by the matrix (a) According to the data, which party would win and what would be the percentage of the winning vote?...
-
Effective communication in business is essential to success. Top managers spend approximately 85 percent of their time communicating with others. However, at the advertising agency The Factory, Mike,...
-
Determinants of CEO Compensation. Chief executive officer (CEO) compensation varies significantly from firm to firm. For this exercise, you will report on a sample of firms from a survey by Forbes...
-
Studies have shown that tired children have trouble learning because neurons become incapable of forming new synaptic connections that are necessary to encode memory. The problem is that the school...
-
Insight Bank has a $ 14 million position in a ten-year, zero-coupon bond with a face value of $17 000 000. The bond is trading at a yield to maturity of 6.7 per cent. The historical mean change in...
-
Siva contracts to sell to the Marcos University Bookstore 10,000 black USB flash drives. Siva identifies the flash drives by boxing up the order, attaching labels with Marcoss address to the cartons,...
-
Under a destination contract, title passes at the time and place of shipment. (True/False)
-
What is HIPAA, and what are some of its potential impacts on IT workers in hospitals and other health care provider organizations?
-
If the 90day shortterm interest rate is 5 percent (annual rate) in the United Kingdom and 2 percent in Japan, what will be the 90day forward exchange rate of the pound? Suppose that the current spot...
-
How does credibility affect the ability of a central bank to stabilize output and inflation? Its ability to affect benchmark interest rates?
-
Compare a currency board with dollarization. Why might a country favor a currency board over dollarization?
-
What is meant by currency sterilization? Has China been engaging in sterilization? If so, how have they done this?
-
What role do commercial banks play in the payment system? Other depository institutions?
-
The president of Radkline Corporation, Karen Pinkus, has asked you, the companys controller, to advise her on whether Radkline should develop a new inventory management system. Is the decision facing...
-
Catherine (aged 42) and Johnson (aged 45) have been married for 12 years. Johnson is a project manager of an event company at a monthly salary of $55,000 with an additional one-month salary of...
-
Explain the test which is applied in the tort of negligence to determine whether the defendant breached the legal duty of care owed to the claimant. What factors would a court take into account when...
-
Discuss what is meant by a duty of care in the tort of negligence.
-
Fraud and Co, a firm of accountants and auditors, were employed to prepare the accounts and balance sheet of Apple plc, knowing the accounts were to be sent to Bill, a private investor, who was...
-
What was CapEx during the most recent year? Explain.
-
How can we integrate advanced automation techniques to augment efficiency and mitigate resource wastage? Explain with Example
-
The owner invested $15,000 in a business. Dr. Cash $15,000 Cr. Owner's Capital $15,000 Note - When the Owner contributes any kind of capital, it will always impact the Owner's Capital account. From...
Study smarter with the SolutionInn App