Question: A goods - in - _ _ _ _ _ contract involves goods that are in some kind of storage, so the seller cannot transfer

A goods-in-_____ contract involves goods that are in some kind of storage, so the seller cannot transfer physical possession of them.
Multiple Choice
abeyance
bailment
consignment
equity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Greer Utsey earned $47,500 in 2022 for a company in Kentucky. Greer is single with one dependent under 17 and is paidweekly. The FUTA rate in Kentucky for 2022 is 0.6 percent on the first $7,000 of...

Q:

Clear selection Question 1 1 A goods - in - q , contract involves goods that are in some kind of storage, so the seller cannot transfer physical possession of them. bailment consignment equity...

Q:

TB MC Qu . 1 5 - 7 1 A goods - in - _ _ _ _ _ contract involves goods... A goods - in - _ _ _ _ _ _ _ _ blank contract involves goods that are in some kind of storage, so the seller cannot transfer...

Q:

Dennis takes his Mercedes to have the GPS system repaired. In the trunk of his car is a briefcase containing $5,000 in cash. Is the cash bailed goods? 12.1Introduction to Bailment Law Finally, we...

Q:

Which of the following statements is true of the transfer of interests in a goods - in - bailment contract? Multiple Choice If the document of title is negotiable, the risk passes to the buyer on...

Q:

1. Which of the following is not required to be present in a perfected contract of sale? a. Consent of the seller to transfer ownership and deliver the object b. Object which is the subject matter of...

Q:

Which of the following references goods that are in some kind of storage so the seller cannot transfer physical possession of them? Stored pending payment. Goods - in - ransit . Goods - in -...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Read the article below before answering the following questions. Passing of Risk in Convention on the International Sale of Goods Passing of risk is an indispensable issue of contract of sale...

Q:

The actual formula for hydrated copper chloride is CuCl 2 .2H 2 O. Your sample: 0.0116 mol H 2 0 0.0058 mol Cu 0.01511 mol Cl 5. The actual formula for hydrated copper chloride is CuCl-2HO. a. Based...

Q:

Assets against which there are no liens are referred to as _______________.

Q:

Desktop Computer Compary would like to calculate their cash converson cyele. What factors are included in computing this metric? days' sales in inventory daynt ales in accounts rectevable days' sales...

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...