Answer:
Mel, an agent for a dress shop, orders one hundred dresses from SAG Manufacturing for the April Sale. There is no specific agreement in the sale contract indicating when title will pass to the department store. The title will pass to the department store when
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c. SAG physically delivers the dresses to the department store. IF THERE IS NO EXPLICIT AGREEMENT REGARDING WHEN TITLE PASSES, TITLE OF THE GOODS WILL PASS WHEN THE SELLER COMPLETES DELIVERY OF THE GOODS.
Frank contracts with Bumper Cars, Inc. to buy five bumper cars. The contract lists the five cars as BC001, BC002, BC003, BC004, BC005. Identification
- b. has taken place. SINCE THE GOODS HAVE ALREADY BEEN MARKED AND DESIGNATED, IDENTIFICATION HAS TAKEN PLACE.
Olga’s Clothing Store contracts to buy forty men’s suits from Louie’s Manufacturing, Inc. Unless the contract states otherwise, it is assumed to be
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c. a shipment contract. A SHIPMENT CONTRACT REFERS TO A CONTRACT WHERE THE SELLER IS AUTHORIZED TO DELIVER THE PASS THE GOODS TO THE BUYER BUT A DELIVERY POINT HAS NOT BEEN SPECIFIED, THEREFORE, TITLE PASSES AT THE POINT OF SHIPMENT.
Answer and Explanation:
The development of output indices for the plant is presented below:
For Base Year 2007
Index with output 100000 (Presumed) 100
For Output index 2009
(180000 ÷ 100000) × 100 180
For Output index 2010
(250,000 ÷ 100,000) × 100 250
For Output index 2011
(200,000 ÷ 100,000) × 101 200
In this way, it should be developed
He developed the assembly line
Only pure risks<span> are </span>insurable<span> because they involve only the chance of loss. They are pure in the sense that they do </span>not<span> mix both profits and losses. ... Both </span>speculative risk<span> and pure </span>risk<span> involve the possibility of loss. However, </span>speculative risk<span> also involves the possibility of gain as well - even if there is </span>no<span> loss.</span>
