ToysmartCom Filed for Bankruptcy in June 2000,it Listed Its Customer

question 135

Multiple Choice

Toysmart.com filed for bankruptcy in June 2000,it listed its customer database as one of its assets even though it had assured its customers it would never disclose their information to any third party.People who had purchased products from Toysmart and were a part of its database were upset when they learned their private information was being treated as property that was for sale.These customers believed that according to the Consumer Bill of Rights,they should know how their private information would be used.In other words,Toysmart's former customers had a right to

• A) choose.
• B) be informed.
• C) be heard.
• D) safety.
• E) happiness.

Comprehend when risk of loss passes in various scenarios involving goods under a contract.

Identify the conditions under which goods are considered fungible.

Recognize the implications of F.O.B. terms in sales contracts on risk of loss and transportation costs.

Distinguish between the different titles to goods and their legal implications.