When Is the Earliest a Buyer Can Claim an Insurable

question 39

Multiple Choice

When is the earliest a buyer can claim an insurable interest in goods?

• A) when title passes to the buyer
• B) when the risk of loss passes to the buyer
• C) when the seller identifies the goods to be sent to the buyer
• D) The buyer does not have an insurable interest until the goods are delivered.
• E) The buyer does not have an insurable interest until the goods are shipped.

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Definitions:

Sales Pattern

A pattern of persuasion that consists of an attention-getting opener, a body with reasons and details, and an action close.

Resist Doing

The act of deliberately avoiding or abstaining from a certain behavior or action.

Emotional Appeal

A persuasive technique aimed at eliciting an emotional response from the audience to convince them of a viewpoint or to motivate them to take action.

Stories

Stories refer to narratives or accounts of sequences of events, either true or fictional, designed to interest, amuse, or educate the listener or reader.