When a document of title is required, title passes to a buyer when and where the document is delivered.

Name: When a document of title is required, title passes to a buyer when and where the document is delivered.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. A document of title, such as a bill of lading or warehouse receipt, serves as proof of ownership and transfer of goods. Title passes to the buyer upon delivery of the document, as it represents the physical control and legal ownership of the goods.

When a Document of Title Is Required, Title Passes to a Buyer