Although Drop Shippers Own Merchandise They Have Shipped to Buyers

question 248

True/False

Although drop shippers own merchandise they have shipped to buyers, they do not actually handle, stock, or deliver this merchandise themselves.

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Definitions:

Ratifies

To formally confirm or approve an agreement or treaty, making it officially valid.

Age Of Majority

The legally recognized age at which an individual is considered an adult and capable of making decisions and entering into contracts without parental consent.

Reasonable Period

Refers to a time frame that is considered fair and appropriate under the circumstances to perform a certain task or fulfill an obligation.

Disaffirm Contracts

The legal ability of one party, often a minor or someone not fully competent, to declare a contract void and release themselves from any contractual obligations.