If a Buyer Rejects Tender of the Goods,title to Those

question 87

Multiple Choice

If a buyer rejects tender of the goods,title to those goods:

• A)will automatically be revested in the seller.
• B)will stay with him until he makes the payment.
• C)will remain undecided until the parties reach an agreement.
• D)belongs to neither of the parties.

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Definitions:

Formation

The act or process of forming or creating something, often used in legal and business contexts to refer to the establishment of companies or legal agreements.

Merger and Acquisition

A business activity that involves the consolidation or purchase of companies or their assets.

Marginal Private Cost

The cost incurred by a company or individual for producing one additional unit of a good or service, not accounting for externalities.

Marginal External Cost

Increase in cost imposed externally as one or more firms increase output by one unit.