On April 1,Brian Passes a Gun Store and Sees an Automatic

question 46

Essay

On April 1,Brian passes a gun store and sees an automatic rifle in the window on sale.Thinking that it would be perfect for hunting squirrels,he asks about the gun and the store owner says that he has a crate of them.Brian gives the owner an advance of $100 to hold one for him 'til payday.On April 4,the state legislature passes a statute banning private ownership of automatic weapons.When Brian goes into the store on April 5,is he entitled to purchase the weapon? Briefly state the reason for the answer.

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Definitions:

FOB Origin Pricing

A pricing term indicating that the buyer assumes shipping costs from the seller's location, and owns the goods in transit.

Reciprocating Compressor

A type of compressor that uses pistons driven by a crankshaft to deliver gases at high pressure.

Geographic Pricing

A pricing strategy where the price of a product or service varies according to the geographic location of the buyer.

Single-Zone Pricing

A pricing strategy where a company charges the same price for its product or service, regardless of the geographical location of the customer.