Ariafyn Equestrian Farm Ordered a Maximum of $1200 Worth of Oats

question 58

Multiple Choice

Ariafyn Equestrian Farm ordered a maximum of $1200 worth of oats for delivery by October 30 from Mike,a local farmer.On October 12,Mike stopped at the grain elevator scales to weigh the truckload of oats,which indicated Ariafyn would owe $1293 for the load.Mike was inside the office obtaining the certificate of weight when a passing train derailed,sending a rail car colliding into Mike's truck.In this scenario,which party will have the right to sue the railway company for the loss of the oats?

• A) Ariafyn; risk transfers with appropriation of unascertained goods
• B) Mike; buyer must be notified once price is ascertained
• C) Ariafyn; goods are weighed and price has been ascertained
• D) Mike; Ariafyn must signal its adoption of the transaction

---

Definitions:

Programs in Entrepreneurship

Educational or training initiatives designed to teach individuals the skills and knowledge necessary to start, manage, and grow businesses.

U.S. Universities

Institutions of higher education in the United States offering undergraduate, postgraduate, and doctoral programs in various disciplines.

Aging Population

A demographic trend characterized by an increase in the proportion of older individuals in the population.

Entrepreneurs

Entrepreneurs are individuals who start and manage their own businesses, often taking on financial risks in the hope of profit.