Which Statement Is Correct Regarding CIF Agreements

question 78

Multiple Choice

Which statement is correct regarding CIF agreements?

• A) Risk of loss occurs when goods are identified to the contract.
• B) Risk of loss occurs when the goods are delivered to the buyer.
• C) Risk of loss remains with the seller for 5 days after the sale.
• D) Risk of loss remains with the seller for 5 days before the sale.
• E) The seller puts the goods into the possession of a carrier before the risk passes to the buyer.

---

Definitions:

Discriminatory Act

Any action that unfairly or unjustly differentiates or segregates individuals or groups on the basis of attributes such as race, gender, age, or sexual orientation.

Disparate Treatment

A form of discrimination where individuals are treated differently based on prohibited factors, such as race, age, or gender, in similar situations.

Prima Facie Case

is a case in which the evidence before a trial is sufficient to prove the position unless contradicted by evidence presented during the trial.

Title VII

A part of the 1964 Civil Rights Act that forbids discrimination in employment due to an individual's race, skin color, religious beliefs, gender, or country of origin.