The Following Events Occurred Before the Goods or Parts of the Goods

question 119

Multiple Choice

The following events occurred before the goods or parts of the goods were lost or destroyed. In which case would the buyer suffer the loss?

• A) Al picked out and contracted for a particular computer, and an additional component had to be installed before it was in deliverable state. It was installed, but Al had not been notified that it was ready.
• B) George ordered a Pentium computer system with 8 gigabytes of RAM and a 1 terabyte hard drive advertised by Kicks Computers.
• C) Jaspers contracted for four standard-sized cupboards for the kitchen. The boards had been cut, but they had not been assembled.
• D) Yates chose which of the desks he wanted and contracted for it, but he had agreed to pay and pick it up the next day.
• E) Heinz contracted for all the corn in Silo A. The seller still had to weigh the corn to determine the price.

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Definitions:

Percentage of Trend

A measure expressing the degree to which a variable changes over time, typically calculated as a ratio of the change to the initial value.

Seasonal Indexes

Numeric factors used to adjust data for seasonal variations, making trend analysis more accurate.

Quarterly Data

Data that is collected, reported, or compiled every three months within a year, often used in business and finance to track performance.

Seasonal Indexes

Factors used to adjust data to account for seasonal effects, enabling more accurate analysis across different times of the year.