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Transfer of ownership of goods may be down by the owners and authorized persons, or
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
Mei-yu purchases a leather briefcase on a 30-day trial basis. At the end of the trial she can pay for the item or return to seller. This type of transaction is known as
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
Neither ownership nor risk of loss passes at the time of the contract for the sale of future goods.
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
Helena is ordering a wedding dress. She calls the company and gives them her measurements, the material type, color and delivery date she wants. The wedding dress is an example of a(n)
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
Melody purchases 20 crates of fabric. Because her store is small, the crates will be temporarily stored in a public warehouse. The public warehouse is an example of a(n)
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
On COD sales,
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
Future goods are
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
Which of the following is an example of a fungible goods?
an individually created hand-crafted piece of jewelry
both
bailee
all of these
not both existing and identified
identified good
the seller retains control over the goods until the price is paid
True
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