Which of the Following Is True of a Contract with the No-Arrival,no-Sale

question 80

Multiple Choice

Which of the following is true of a contract with the no-arrival,no-sale term?

• A) The buyer bears shipping costs and the risk of loss during transport.
• B) The seller does not have to deliver replacement goods to the buyer in case of damages during shipment.
• C) The seller does not have to bear the expense and risk of loss of the goods during transportation.
• D) The buyer has to arrange for the shipment to be handed over to a carrier.

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Definitions:

American Freedom

The ideal of liberty and rights that defines the ethos and foundational principles of the United States.

Panic of 1837

A financial crisis in the United States triggered by a speculative fever, leading to bank failures and a deep economic depression.

British Demand

Refers to the economic and political desires of the United Kingdom, particularly in historical contexts concerning trade, territory, and resources.

American Cotton

A key agricultural product of the United States, historically pivotal to the economy, particularly in the Southern states, and a central factor in the history of slavery and industry.