Matching
Matching:
Premises:
Shipment term for "free alongside."
Contract where seller contracts with a carrier and releases goods to the carrier.
Shipment term for "free on board."
Goods delivered to a third party.
Written negotiable instrument used for payment.
A type of document of title.
Contract where seller tenders goods to carrier but buyer is not responsible until received.
Sale where buyer can return goods.
Document that transfers ownership.
Right to substitute or replace nonconforming goods.
Responses:
sale on approval
bill of lading
opportunity to cure
destination contract
shipment contract
bailee
F.A.S.
document of title
F.O.B.
letter of credit
Correct Answer:
Premises:
Responses:
Shipment term for "free alongside."
Contract where seller contracts with a carrier and releases goods to the carrier.
Shipment term for "free on board."
Goods delivered to a third party.
Written negotiable instrument used for payment.
A type of document of title.
Contract where seller tenders goods to carrier but buyer is not responsible until received.
Sale where buyer can return goods.
Document that transfers ownership.
Right to substitute or replace nonconforming goods.
Premises:
Shipment term for "free alongside."
Contract where seller contracts with a carrier and releases goods to the carrier.
Shipment term for "free on board."
Goods delivered to a third party.
Written negotiable instrument used for payment.
A type of document of title.
Contract where seller tenders goods to carrier but buyer is not responsible until received.
Sale where buyer can return goods.
Document that transfers ownership.
Right to substitute or replace nonconforming goods.
Responses:
Related Questions
Q11: The term free alongside is used when
Q12: Special types of sales under Article 2
Q13: Delivery by common carrier can be by
A)ship.
B)truck.
C)train.
D)all
Q14: The seller's obligations include which of the
Q15: A buyer can pay by which of
Q16: Auctions are conducted only with reserve.
Q17: Delivery of goods can be made only
Q18: Terms used when goods are shipped by
Q19: The buyer has the responsibility to inspect
Q20: Auction sales are conducted
A)with reserve.
B)without reserve.
C)on special
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