Which of the Following Statements Is TRUE

question 14

Multiple Choice

Which of the following statements is TRUE?

• A) The passing of property is important for the purposes of insurance because risk usually passes with property.
• B) Property never passes under a sale of goods until the buyer has paid the price.
• C) Property in goods is always held by the person who has possession of the goods.
• D) Although the passing of property is important for some reasons, it does not affect the remedies that may be available to a seller.
• E) The Sale of Goods Act does not apply until property has passed from the seller to the buyer.

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Definitions:

Paralegal

A person trained in subsidiary legal matters but not fully qualified as a lawyer, assisting lawyers in their work.

Trial Notebook

Traditionally, a binder that contains copies of all the documents and information that an attorney will need to have at hand during the trial.

Relevant Cases

Legal cases that are pertinent to the matter at hand, providing precedent or legal principles that can influence or determine the outcome of a similar case.

Exhibits

Documents, materials, or objects presented during a court case or legal proceeding as evidence.