When goods are held by a bailee, risk of loss passes to the buyer when any one of the following occurs:

Social Studies

1 answer:

bixtya [17]3 years ago

4 0

Answer:

i. the buyer receives a negotiable document of title for the goods

ii. The bailee acknowledges the buyer's right to possess the goods

iii. The buyer receives a nonnegotiable document of title, and the buyer has had a reasonable time to present the document to the bailee and demand the goods. If the bailee refuses to honor the document, the risk of loss remains with the seller

Explanation:

Sellers bear hazards when they are holding products for a purchaser, up until the purchaser claims the products. The vender likewise carries the danger of misfortune on exchanges that are deal on endorsement, in which a purchaser should authoritatively acknowledge the conveyed products before the deal is conclusive.

With any business exchange, there is a danger of misfortune. It's conceivable that either the purchaser or vendor in a transaction could bear the risk of disaster.

You might be interested in

Every time a tone sounds, a participant has a puﬀ of air blown into her eye. This causes the person to twitch. After a while, th

Murljashka [212]

Answer:

The twiching that is caused by the air puff is called C) The unconditioned response.

Explanation:

The condition stimulus in this case is the tone sound, because is put there to condition a unconditiones response. An uncondition response which is a normal response or reflex that an animal or a person have to a stimulus. To condition a behafor it is necessary to have both unconditioned stimulus and conditioned stimulus.

6 0

3 years ago

In which situation would a migrant family most likely find themselves during the Great Depression?

Helga [31]

They lived together in good conditions, and only the parents worked on the farm.

3 0

3 years ago

________ is ordering an outcome, when a manager relies on his or her formal authority and power to resolve a conflict, but the n

Nat2105 [25]

Answer: Forcing or dominating

Explanation:

Forcing is the act of oppression which particular task or work is performed by the management to achieve intended task.Domination is the manner in which control and authority is taken over particular matter. This form of power does not consider hearings and requirement of other people.

According to the question, forcing or domination is the method that can be used by manager to order certain command that should be followed by employees in case of conflict. This authority is provided to manager to handle any critical situation that has gone out of control.

6 0

3 years ago

Read 2 more answers

How did Darius govern over the vast Persian Empire?

Blizzard [7]

The correct answer is A. He divided the empire into provinces and appointed a leader for each province. From 539 BC to 331 BC, the Persian Empire was the most powerful state in the world and Darius I, who was King from 522 BC to 486 BC, divided that Empire into twenty large provinces, called satrapies. Each satrapy was governed by a satrap or governor. Their main responsibilities were to enforce law and order, and to collect taxes and tributes. To check the satraps, a secretary and a military official representing Darius were installed in every province. This division secured that he would not have to travel from one end of his empire to the other, defending the borders against every little tribe that decided to attack.

3 0

3 years ago

Read 2 more answers

A ________________ is the type of climate generally experienced in West-Central Europe.

Bezzdna [24]

Temperature is the right answer.

5 0

3 years ago