Identification is one of the concepts involved in determining the rights and liabilities of parties to a sales contract.
Correct Answer:
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Q1: Identification is not significant for the buyer
Q2: In a shipment contract, the seller is
Q4: Identification is the express designation of the
Q5: In a sales contract, the passage of
Q6: In most situations involving sales or leases,
Q7: Generally, all contracts are assumed to be
Q8: The parties can agree in their contract
Q9: An owner in common of fungible goods
Q10: Generally, the buyer acquires whatever title the
Q11: The UCC's provisions relating to passage of
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