In a Shipment Contract,the Risk Passes to the Buyer When

question 5

True/False

In a shipment contract,the risk passes to the buyer when the goods are properly tendered at the destination point.

---

Definitions:

Current Ratios

A financial metric used to measure a company's ability to pay its short-term obligations with its current assets.

Days To Sell

An estimate of the average number of days it takes for a company to sell its inventory.

Inventory

A complete list of items such as property, goods in stock, or the contents of a building.

Times Interest Earned Ratio

The times interest earned ratio is a financial metric used to measure a company's ability to meet its debt obligations by comparing its income before interest and tax (EBIT) to its interest expenses.