Fred Has 100 Tons of Stone in a Warehouse

question 94

Multiple Choice

Fred has 100 tons of stone in a warehouse.Barney agrees to purchase the stone from Fred.The contract states that Barney will pick up the stone directly from the warehouse.Fred delivers a warehouse receipt for the 100 tons of stone to Barney.Before Barney is able to pick up the stone,a tornado sweeps through and destroys the stone.Who has the risk of loss?

• A) Fred has the risk of loss because Barney did not pick the stone yet.
• B) The warehouse has the risk of loss because Barney did not pick the stone yet.
• C) The risk of loss was passed to Barney when he received the warehouse receipt.
• D) Fred, the warehouse, and Barney are equally responsible for the risk of loss.

Understand the characteristics of effective transformational leadership.

Describe the process and significance of group socialization and cohesion.

Understand group identity, entitativity, and the role of emotional intelligence in teams.

Recognize the importance of psychological safety within teams.

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Definitions:

GUI

Stands for Graphical User Interface, a visual way of interacting with a computer using items like windows, icons, and menus, instead of text-based commands.

Pin

A personal identification number, which is a numeric or alphanumeric password used in securing access to devices or digital accounts.

Desktop

A personal computer designed to fit on or under a desk, distinct from portable laptops or mobile devices.

CMOS

Stands for Complementary Metal-Oxide-Semiconductor, a technology used for constructing integrated circuits, including microprocessors, sensors, and memory chips.