LU 6 Bus Law Transfer of Title_Sales_Agency & Employment Part 1

LU 6 Bus Law Transfer of Title_Sales_Agency & Employment Part 1

University

43 Qs

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LU 6 Bus Law Transfer of Title_Sales_Agency & Employment Part 1

LU 6 Bus Law Transfer of Title_Sales_Agency & Employment Part 1

Assessment

Quiz

Education

University

Hard

Created by

Meg Dunn

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43 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following is an example of Personal Property? Choose all that apply

House

Car

Piece of land

Clothing

Jewelry

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most common type of Bill of Lading?

Negotiable Bill of Lading

Straight Bill of Lading

Air Bill of Lading

Sea Bill of Lading

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of Warehouse Receipt is similar to a Negotiable Bill of Lading?

Non-Negotiable Warehouse Receipt

Negotiable Warehouse Receipt

Straight Bill of Lading

Air Bill

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does an Air Bill provide in the context of funeral service?

The name of the deceased and the destination funeral home only.

The name of the shipping funeral home, the receiving funeral home, and the name of the deceased.

The name of the airline and the destination funeral home only.

The name of the airline and the name of the shipping funeral home only.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a non-negotiable warehouse receipt?

A document that allows the transfer of title to goods

A receipt that requires the original copy to claim the goods

A receipt for the goods that cannot be negotiated

A contract that specifies conditions for the sale of goods

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is required for a negotiable warehouse receipt?

The receipt must be signed by both parties

The receipt must be lost or stolen

The original copy must be presented to claim the goods

The receipt must specify conditions that must be met before title passes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a conditional precedent in a sales contract?

A condition that must be met after title passes

A condition that must be met before title passes

A condition that is not related to the title

A condition that applies to non-negotiable receipts

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