Addison Winchell Is the CEO of a Printing Firm Located

question 89

Multiple Choice

Addison Winchell is the CEO of a printing firm located in Lexington,Kentucky.The state office of environment quality has proposed a rule mandating the use of soy inks and recycled paper by all printers in the state.Winchell says the expense will put him out of business.What can Winchell do?

• A)Provide comments to the proposed rule.
• B)Go directly to court with a constitutional challenge.
• C)Present evidence if a trade group supports him.
• D)All of the above.

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Definitions:

Risk Of Loss

The financial and legal responsibility for damages, loss, or destruction of goods during transport or transactions.

Negotiable Warehouse Receipt

A document issued by a warehouse listing goods being stored that is transferable by endorsement, allowing for the trading of the document as if it were the goods themselves.

Sale Or Return

A contract in which the seller delivers a quantity of goods to the buyer on the understanding that if the buyer desires to retain, use, or sell any portion of the goods, he will consider such part as having been sold to him, and that he will return the balance or hold it as bailee for the seller.

Risk Of Loss

Refers to the legal responsibility regarding who bears the cost of damage, destruction, or theft of goods during a transaction or after it, until delivery.