Why Is It Is Important to Determine When the Title

question 55

Multiple Choice

Why is it is important to determine when the title to goods passes from the seller to the buyer?

• A) because payment is due when title passes
• B) because the party with title is responsible for delivery costs
• C) because risk usually passes with title
• D) because the seller can no longer be sued once title has passed to the buyer

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Definitions:

Alcohol

A colorless volatile flammable liquid, chemically a compound of hydrogen, oxygen, and carbon, that is the intoxicating component of wine, beer, spirits, and other drinks.

Attribution

The process of explaining one's own behavior and the behavior of others.

Aggress

To act with hostility or initiate an attack against others.

Unintentional

Actions or behaviors that occur without deliberate planning or intent.