Question: Before the purchase transaction, Shell had made known to Carbonic Co the purpose and intended use of electrodes. In short, Shell company put their trust
Before the purchase transaction, Shell had made known to Carbonic Co the purpose and intended use of electrodes. In short, Shell company put their trust and reliance on the skill and expertise of Carbonic Co So Shell ordered kilograms of welding electrodes from Carbonic Co for use in a project involving the fabrication of a crosscountry gas transmission line. It turned out the electrodes are incapable of producing satisfactory weld in a vertical position. From the choices below, please select your argument in order for Shell to succeed. A Shell expressly stated the intended purpose and use of electrodes.
B Shell did not rely on the skill and judgment of Carbonic Co
C A& D
D Shell relied on the skill and judgment of Carbonic Co
Unless otherwise agreed, the Sale of Goods Act provides that title to goods passes from seller to the buyer for the sale of specific goods where there is an unconditional contract, and the goods is in a deliverable state:
A When the contract is made
B When the has buyer received notice that it has been done.
C When the buyer retains the good beyond a reasonable time.
D&
The purpose of selling goods is to get paid, and to ensure its payment, the seller withhold delivery until payment is made. While the goods remains in an unpaid seller's possession, the seller has a lien on the goods regardless of whether the title has passed to the buyer. However, the right of lien is based upon possession and is gone if possession passes in good fait to the buyer.
A True
B False
The lien on the goods arises on the following situations: where the contract does not state that the buyer is to have a credit or credit line, so that payment may be required upon delivery, where the goods have been sold on credit, the term of credit has expired without payment being made, and the seller still has possession of the goods,
where the buyer becomes insolvent before delivery, and where the seller waives the right of lien. From the choices above, please select that applies to lien.
A & only
B&
C &
D & only
The unequal bargaining positions of consumers in consumer transactions leave them at the mercy of business and ultimately resulting in onesided contracts presented to them on a takeit or leaveit basis. Companies resort to some business tactics like direct sales contract also
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