Examlex

Solved

When a Contract to Sell Identified Goods Does Not Specify

question 8

True/False

When a contract to sell identified goods does not specify a place of delivery,but both parties know that the goods are in a place other than the seller's place of business,that other place is the place of delivery.


Definitions:

Francs

A currency formerly used in France and some other countries, and still used in some parts of Switzerland and the Pacific.

Consumption

(rephrased) involves the utilization of goods and services by individuals or communities, primarily for personal satisfaction and basic needs.

WARP

WARP, or the Weak Axiom of Revealed Preference, is a consistency criterion for consumer choice behavior, suggesting that if a consumer prefers bundle A over bundle B when both are affordable, they should not choose B when A is still affordable.

Bundle

A collection of items or services grouped together as a single package.

Related Questions