NutriRich, Inc, sells fifty cases of Omega 3 capsules to Good Health stores, but before Good Health takes physical possession, the cases are lost. Under the UCC, the parties' rights and obligations with respect to the loss depend on the concept of
A) identification
B) insurable interest.
C) risk of loss.
D) title.
C
You might also like to view...
Which of the following is NOT an example of service failure?
a. late deliveries b. damaged or lost products c. incorrect orders d. promotions
Capital structure may be defined as
A) a collection of securities assembled by an investor. B) a schedule of projects that have positive NPVs. C) the use of bank loans by a firm. D) the mix of debt and equity. E) another term for the investment opportunities' schedule.
Which of the following economic sectors has become increasingly important to the U.S. economy?
A. service B. fishing C. forestry D. agriculture E. manufacturing
In a free-press environment, publicity is easily controlled, especially in a crisis.
Answer the following statement true (T) or false (F)