When Does Title Pass in a Lease Contract

question 2

Multiple Choice

When does title pass in a lease contract?

• A) when the goods are identified
• B) when the goods are delivered
• C) when the risk of loss transfers from the buyer to the seller
• D) a title never passes in a lease contract
• E) when the parties enter into the lease contract

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Definitions:

Focus Group

A research method involving guided discussions with a group of people to gather diverse perspectives on a particular subject.

Positive Correlation

Positive correlation exists when two variables move in the same direction, meaning that as one variable increases, the other variable also increases.

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases, and vice versa.

Causal Relationship

A connection between two events where one directly results in the occurrence of the other, often determined through correlation and experimentation.