Which of the Following Occurs in a CIF Agreement

question 59

Multiple Choice

Which of the following occurs in a CIF agreement?

• A) Risk of loss occurs when goods are identified to the contract.
• B) Risk of loss occurs when the goods are delivered to the buyer.
• C) Risk of loss remains with the seller for 5 days after the sale.
• D) Risk of loss remains with the seller for 5 days before the sale.
• E) The seller puts the goods in possession of a carrier before the risk passes to the buyer.

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Definitions:

Social Constraints

The limitations or pressures exerted by societal norms and expectations on an individual's behavior.

Cognitive Routes

Pathways of thought that influence attitudes or behaviors through reasoned or logical processing of information.

Attitude Specificity

Refers to how specifically an attitude predicts a behavior, emphasizing that attitudes are better predictors of behaviors when they closely match in specificity.

Internal Locus Of Control

Refers to the belief that individuals have significant control over their life events and outcomes through their actions and decisions.