If a Sale Involves Crops That Are to Be Harvested

question 35

True/False

If a sale involves crops that are to be harvested within twelve months, iden?tification takes place when the crops are planted or begin to grow.

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Definitions:

Colonial and European Merchants

Refers to traders and business people from Europe and the colonial Americas involved in the exchange of goods, such as textiles, spices, and slaves, between the 16th and 19th centuries.

Trade Profits

Financial gains derived from the act of buying and selling goods, services, or assets between different parties, domestically or internationally.

Indentured Servants

Laborers bound under contract to work for a specific period of time in exchange for transportation, food, clothing, lodging, and other necessities during the 17th and 18th centuries in America.

Voluntarily Came

The act of choosing to arrive or participate in something out of one's own free will without coercion.