When Delivery Is to Be Made Without Moving the Goods

question 40

Multiple Choice

When delivery is to be made without moving the goods, unless otherwise agreed, title passes:

• A) at the time and place of contracting under all circumstances.
• B) when a document of title is created if a negotiable document of title is involved.
• C) when the goods are identified if they were not identified at the time of contracting.
• D) at the time the seller completes performance.

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Definitions:

Moderate Relationship

A term describing a level of correlation between two variables that is neither weak nor strong, suggesting some degree of association but not a perfect or near-perfect linear relationship.

Debt-Equity Ratio

An assessment ratio depicting the usage rates of equity and debt in the financing of a company's assets.

Return on Assets

A financial ratio indicating how profitable a company is relative to its total assets, showing how efficient management is at using its assets to generate earnings.

Return on Equity

ROE (Return on Equity) indicates a company's profit efficiency by showing the amount of profit made from shareholders' investments.