If the Parties to a Contract Do Not Agree on Payment

question 43

Multiple Choice

If the parties to a contract do not agree on payment terms,and a delivery is authorized and made by way of document of title,payment is due at the ________.

• A) place where the contract was initially signed
• B) time the seller dispatches the goods to the buyer
• C) place where the goods are to be delivered as per the original contract
• D) time and place at which the buyer receives the right of possession

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Definitions:

Risky Asset

An investment that carries a significant possibility of losing some or all of its original value.

Delta

In finance, delta refers to the ratio that compares the change in the price of an asset, usually a derivative, to the corresponding change in the price of its underlying asset.

Risky Investment

An investment that carries a higher probability of losing money, alongside the possibility of yielding high returns.