Z, a Seller in Miami, Enters into a Contract Which

question 16

Multiple Choice

Z, a seller in Miami, enters into a contract which states that goods are to be delivered to X, a buyer in New York. Title is to remain with Z until delivery. This is:

• A) a shipment contract.
• B) an FOB Miami contract.
• C) a destination contract.
• D) a consignment.

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Definitions:

Venezuela

A country located on the northern coast of South America, known for its significant oil reserves and economic challenges.

United States

A country located primarily in North America, comprising 50 states and a federal district, known for its significant influence on global culture, economy, and politics.

Household Income

The total income received by all members of a household, including earnings from work, investments, and other sources before taxes and other deductions.

Perfect Equality

A theoretical state where all individuals have exactly the same income or wealth, eliminating disparities.