Examlex
Which of the following are in no way incapacitated when entering into contracts?
Title Passes
The point at which ownership of property is transferred from one party to another according to the terms of a contract.
Goods Arrive
The event or process where purchased or ordered products reach their destination or the buyer's location.
Fungible Goods
Goods of which any unit is identical from another and can be substituted, such as grains, fuels, or money.
Equivalent Unit
A concept in cost accounting used to express the amount of work in progress inventory in terms of fully completed units of output.
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