The Following Events Occurred Before the Goods or Parts of the Goods

question 34

Multiple Choice

The following events occurred before the goods or parts of the goods were lost or destroyed.In which case would the buyer suffer the loss?

• A)Heinz contracted for all of the corn in Silo A.The seller still had to weigh the corn to determine the price.
• B)Al picked out and contracted for a particular computer,and an additional component had to be installed before it was in deliverable state.The component was installed,but Al had not been notified that it was ready.
• C)Jaspers contracted for four standard-sized cupboards for the kitchen.The boards had been cut,but they had not been assembled.
• D)George ordered a Pentium computer system with 4 megabytes of RAM and a 105-megabyte hard drive advertised by Kicks Computers.
• E)Yates chose which of the desks he wanted and contracted for it,but he had agreed to pay and pick it up the next day.

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Definitions:

Scatter Plot

A type of graph used in statistics to display values for typically two variables for a set of data, with each point representing the values of two variables.

Quartile

A quartile is a statistical term describing a division of a data set into four defined intervals based upon the values of the data and how they compare to the entire set, which helps in understanding the spread and distribution of the data.

MODE.MULT(data range)

A function in spreadsheet programs that returns an array of the most frequently occurring values in a given data range.

MODE.SNGL(data range)

A statistical function that returns the most frequently occurring value in a given data range.