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The Parties to a Contract May Decide When Title and Risk

question 69

True/False

The parties to a contract may decide when title and risk of loss pass,but if the parties do not specifically agree on such a time,the UCC provides rules for them.


Definitions:

User-generated Content

Material, such as videos, blogs, and social media posts, created by users of an online platform rather than by the platform's owners.

End Users

The final consumers or recipients of a product or service, who use it for its intended purpose.

Social Media

Platforms that enable users to create and share content or to participate in social networking, including sites like Facebook, Twitter, and Instagram.

User-generated Content

Content created and shared by consumers or end-users of an online platform or service, often consisting of text, images, videos, or reviews.

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