A Sale Exists After the Buyer Takes

question 66

Multiple Choice

A sale exists after the buyer takes:

• A) the title to the goods.
• B) the risk of loss on the goods.
• C) an insurable interest in the goods.
• D) a special property interest in the goods.

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Definitions:

X-Rays

A form of electromagnetic radiation that is used in medical imaging to produce images of the inside of the body.

Garcia and Koelling

Refers to researchers who conducted experiments on taste aversion learning, demonstrating that animals could learn to avoid foods that made them sick.

Law of Effect

A psychological principle stating that responses followed by a satisfying effect become more likely to occur, while responses followed by a discomforting effect become less likely.

Thorndike

An American psychologist known for his work on learning theory and the law of effect, which suggested that behaviors followed by satisfying outcomes are likely to be repeated.