Ryan Owns a Department Store Called One Stop

question 19

Multiple Choice

Ryan owns a department store called One Stop.He made an order of eggs from his usual wholesaler.The eggs arrived,but they were too old to be sold at the store.He rejected the goods and promptly notified the wholesaler.What are Ryan's responsibilities regarding the rejection of the spoilt goods?

• A) Ryan must follow the seller's instructions that concern the disposition of the eggs.
• B) Ryan must sell the eggs on the wholesaler's behalf but cannot retain profits or take a commission.
• C) Ryan need not state any reasons to the wholesaler for rejecting the eggs.
• D) Ryan must give sufficient notice to the seller who must personally come and collect the eggs.

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Definitions:

Strict Liability

Legal responsibility for damages or injury, even if the person found strictly liable was not at fault or negligent.

Odometer

An instrument used to measure the distance traveled by a vehicle.

Disclosure Statement

A document that provides essential information about a financial product, investment, or business opportunity.

Actual Mileage

The real distance that a vehicle has traveled, as opposed to the distance indicated by an odometer, which can be inaccurate or tampered with.