Cybermakers Has Contracted with a Computer Chip Manufacturer to Buy

question 5

Multiple Choice

Cybermakers has contracted with a computer chip manufacturer to buy a quantity of computer chips for delivery the following month.These computer chips are in the seller's warehouse,and the contract's shipping terms are F.O.B shipping point.At this point,prior to the chips being shipped,who has an insurable interest in the computer chips?

• A) the buyer only
• B) the seller only
• C) both the buyer and seller
• D) neither the buyer nor seller

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