In a Destination Contract, When Is the Title to the Goods

question 5

Multiple Choice

In a destination contract, when is the title to the goods considered to have passed to the buyer?

• A) when the buyer specifies a specific destination in the sales contract
• B) when the seller tenders delivery of the goods at the specified destination
• C) when the seller makes the shipping arrangements
• D) when the seller hands over the goods to the common carrier

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Definitions:

Decimal Equivalent

A numerical representation of a fraction where the denominator is a power of ten, expressing fractions in a decimal format.

Percent Equivalent

A value expressed as a percentage that represents the equivalence of two ratios or a fraction to a percentage.

Five-figure Accuracy

A level of precision in numerical or quantitative information that includes five significant digits.

Terminating Decimal

A decimal number that ends or has a finite number of digits after the decimal point.