If a Contract Is for the Sale of Specific Goods

question 33

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.

---

Definitions:

Position Power

The authority or influence a person has due to their role or position within an organization or group.

Formal Authority

The power granted to an individual or group through official or legal means within an organization or society.

Rewards and Punishments

Mechanisms intended to influence behavior by providing positive or negative consequences for actions.

Upward and Lateral Influence

Involves the ability to affect decision-making processes and outcomes within an organization, not only vertically in the hierarchy but also horizontally across departments.