In an Origin Contract,when Does Title Pass to the Buyer

question 28

Multiple Choice

In an origin contract,when does title pass to the buyer?

• A)When money is transferred to the seller
• B)When the goods are delivered to the buyer
• C)At the time and place of shipment
• D)Two days (forty-eight hours)after goods are identified to the contract
• E)When the goods are identified to the contract

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Definitions:

Marginal Benefit

The increase in satisfaction or utility experienced from the consumption or production of one additional unit of a good or service.

Market Failures

Situations where market outcomes are not efficient, often justifying government intervention.

Better Business Bureaus

Organizations that provide information about businesses, handling consumer complaints and promoting ethical business practices.

Buyer Information

The details and data about consumers that are relevant for businesses in understanding their needs, preferences, and behavior.