Clancy Sells Shares in Darling Pool & Spa Company to Eton.Clancy

question 65

Multiple Choice

Clancy sells shares in Darling Pool & Spa Company to Eton.Clancy does not deliver the actual possession of the shares to Eton,but gives him the key to a safety-deposit box in First State Bank in which the stock certifi-cates are locked.Presenting the key is

• A)realdelivery.
• B)constructivedelivery
• C)delivery by agent .
• D)nodelivery

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Definitions:

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Authority granted for a specific purpose, often limited to a particular function or subject matter.

Brentwood Academy

A private Christian coeducational college preparatory school located in Brentwood, Tennessee, USA.

Tennessee Secondary School Athletic Association

An organization that sets the rules and standards for high school athletic competitions in the state of Tennessee.

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Activities or policies undertaken by government bodies or officials in the course of their official duties.