Examlex
Which of the following statements concerning urbanization is not correct?
Possession
The actual holding or control of property, whether owned or not.
Risk Of Loss
Pertains to the contractual and legal responsibility for the loss, damage, or destruction of goods during transportation or transaction.
Seller's Place
The designated location or business premises of the seller, relevant in transactions and legal agreements for determining delivery and risk of loss.
Merchant
An individual or company involved in the wholesale purchase and retail sale of goods for profit.
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