BUS 110 EXAM 4 QUESTIONS AND ANSWERS

Question text correct Feedback MC Qu. 19-34 In a shipment contract,... AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Learning Objective: 19-05 Apply the Code's rules concerning risk of loss to determine who had the risk of loss in a given transaction where the goods that were the subject of a contract were lost or destroyed before the buyer took possession. Topic: Risk of Loss Question text Which of the following statements is true of a negotiable document of title? Select one: a. It serves as a contract between the seller and the shipper. b. It is given to a buyer before he or she makes the payment for the goods. c. It does not identify who has control of the goods. d. It is used when a buyer rejects the goods delivered. correct Feedback MC Qu. 19-26 Which of the following... AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Learning Objective: 19-03 Explain when title to goods passes from the seller to the buyer. Topic: Title and the Code