On September 1,Mike Enters into an Agreement with Kelly to Purchase

question 28

Multiple Choice

On September 1,Mike enters into an agreement with Kelly to purchase 100 sets of headphones.The contract entered into between Mike and Kelly is a shipment contract.On September 10,Kelly identifies the 100 sets of headphones that will be sent to Mike.On September 15,Kelly ships the headphones.Mike receives the headphones on September 20.When does Kelly's insurable interest terminate?

• A) on September 1
• B) on September 10
• C) on September 15
• D) on September 20
• E) Kelly never had an insurable interest.

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Definitions:

Autonomy

The capacity to make an informed, uncoerced decision; often related to independence and self-determination in various contexts.

Distressed

Experiencing anxiety, sorrow, or pain; in a state of great trouble or suffering.

Misinterpret

To understand or interpret incorrectly, leading to a deviation from the intended meaning or message.

Neutral Behavior

Actions or responses that are neither particularly positive nor negative, often indicating a state of impartiality.