If the Contract Doesn't Say Who Bears the Loss If

question 16

Multiple Choice

If the contract doesn't say who bears the loss if an item is lost or stolen,the Sale of Goods Act says risk goes with title.If the contract doesn't say when the title will pass,the Sale of Goods Act implies when it will pass.In which of the following will the statute imply that title will pass to the buyer at the time of the contract?

• A) George calls a store and asks them to deliver the table advertised in its catalogue. The store agrees, takes his credit card number, and promises to deliver it on Friday.
• B) Maureen contracts for Ms. Roberts' next year's pumpkin crop.
• C) Agro Ltd. buys all the chemicals contained in the container marked "A" but the price has to be ascertained by measuring the number of litres in the container.
• D) Azar goes into a store specializing in old woodworking tools. He chooses a $1000 tooling machine. The contract provides that it would be delivered to his workshop the next morning and he would pay for it in one month.
• E) While at Sears, Preston decides to buy the style of sofa he sees on display. He pays cash and the store arranges to have one like it, covered in the material he selects, delivered directly to him from the factory.

Assess the role and importance of disclosure in contractual agreements.

Understand the implications of modifying a contract and the concepts of economic duress and undue influence in these modifications.

Understand the role and structure of the nervous system in early development.

Recognize the patterns and importance of physical and motor development in infancy.

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Definitions:

Following

The act of going after or behind someone or something, typically to observe or track.

Artificially Inflated

A condition where value, numbers, or effects are increased beyond their true or natural level, often due to intervention or manipulation.

Advertiser's Claim

A statement made by advertisers to promote the benefits or advantages of a product or service.

Average

A statistical measure representing the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.