If a Contract Is for the Sale of Specific Goods

question 4

Multiple Choice

If a contract is for the sale of specific goods that are not yet ready for delivery to the buyer:

• A)Ownership passes to the buyer at the time the contract is formed.
• B)Ownership passes to the buyer when the seller has done whatever needs to be done to put the goods into a deliverable state and the buyer has been notified accordingly.
• C)There is no valid contract.
• D)Ownership is transferred to the buyer when payment has been made for the goods.

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Definitions:

Proposal Document

A written offer or plan put forward for consideration or discussion by others, especially in a professional or business context.

Group Presentation

Group Presentation is a method of delivering information or a pitch to a collective audience, typically for educational, proposal, or sales purposes.

SWOT Analysis

An analytical framework used to evaluate a company's strengths, weaknesses, opportunities, and threats.

Proposal Document

A comprehensive document presented to potential clients or partners outlining a plan, project, or business arrangement along with details like objectives, methods, timeline, and costs.