If a Contract Is for the Sale of Unascertained Goods

question 33

Multiple Choice

If a contract is for the sale of unascertained goods:

• A)Ownership passes at the time the contract is formed, regardless of when payment or delivery takes place.
• B)The buyer does not become the owner until the goods are selected and agreed upon by both parties.
• C)Ownership passes at the time that payment for the goods takes place.
• D)Ownership passes at the time delivery of the goods is carried out.

---

Definitions:

Time Constant

The time required for a system to charge or discharge to approximately 63.2% of its maximum value, characteristic of both RC and RL circuits.

R-L

Refers to a circuit that contains both resistance (R) and inductance (L), affecting the phase and amplitude of the circuit's response to an AC input.

Exponential Curves

Graphs representing exponential functions, showing how values can grow rapidly due to constant proportionality rates.

Time Constants

A parameter that quantifies the response time of a system to a step input, notably in RC and RL circuits, characterized by the time it takes for a system to change significantly.