If a Contract Contains the Term "No Arrival, No Sale

question 50

True/False

If a contract contains the term "no arrival, no sale," title and risk of loss do not pass to the buyer until the seller makes a tender of the goods after they arrive at their destination.

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Definitions:

P(A Or B)

The probability that either event A or event B occurs or both events occur together, a fundamental concept in probability theory.

College Professorship

A faculty position at a college or university, typically involving teaching, research, and administrative responsibilities.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 (impossibility) and 1 (certainty).

College Professorship

A senior academic position in a college or university, involving teaching, research, and possibly administrative responsibilities.