Pete Contracts to Sell Jill 100 Widgets

question 89

Multiple Choice

Pete contracts to sell Jill 100 widgets.The 100 widgets are located at Pete's business.The contract does not state a place of delivery.The place of delivery is:

• A)Jill's place of business.
• B)Jill's home.
• C)Pete's place of business.
• D)Pete's home,if this is different from his place of business.

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Definitions:

Legal Representative

An individual or organization officially appointed to act on another's behalf in legal matters or proceedings.

Market Value

The current price at which an asset or service can be bought or sold in an open and competitive marketplace.

Legal Capacity

The ability of an individual to enter into legal agreements or contracts, often age or condition-related.

Insane Person

A legally declared inability of an individual to manage their affairs due to mental illness or incapacity.