Which of the Following Is Correct with Regard to Risk

question 21

Multiple Choice

Which of the following is correct with regard to risk of loss, where the goods are in the possession of a bailee and are covered by a negotiable document of title?

• A) Risk of loss passes when the buyer receives the document.
• B) Risk of loss passes when the document is tendered to the buyer.
• C) Risk of loss passes when notification of the arrival of the goods is given to the buyer.
• D) If the buyer is a merchant, risk of loss passes to the buyer when the goods are delivered.

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Definitions:

Missing

Something that is lost or absent, especially a piece of information that is not available.

Factoring

The process of breaking down an expression into a product of simpler expressions, often used to simplify expressions or solve equations.

Integers

Whole values including positive, negative, and zero without any fractions or decimals fall under the category of integers.

Factor

In mathematics, a factor is a number or expression that divides another number or expression evenly, without leaving a remainder.