Which of the Following Is Correct with Regard to Risk

question 19

Multiple Choice

Which of the following is correct with regard to risk of loss, where the goods are in the possession of a bailee and are covered by a negotiable document of title?

• A) Risk of loss passes when the buyer receives the document.
• B) Risk of loss passes when the document is tendered to the buyer.
• C) Risk of loss passes when notification of the arrival of the goods is given to the buyer.
• D) If the buyer is a merchant, risk of loss passes to the buyer when the goods are delivered.

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Definitions:

Fovea

A small depression in the retina of the eye where visual acuity is highest.

Rods

Photoreceptor cells in the retina of the eye that are responsible for vision at low light levels but do not mediate color vision.

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and functioning best in relatively bright light.

Adapt

The process of adjusting or changing to become suitable for a new environment or conditions.