What is the relationship between title transfer and risk of loss in the sale of goods?
Title Transfer and Risk of Loss in the Sale of Goods

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Risk of loss transfers with the title.
Risk of loss and title transfer are unrelated.
Risk of loss transfers after the title.
Risk of loss transfers before the title.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a scenario for title transfer in a contract?
When the contract is signed, regardless of shipment.
When the goods are manufactured.
When the goods are physically delivered to the purchaser.
Upon delivery to a carrier for shipment.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common requirement for contract terms regarding the sale of goods?
They must be agreed upon verbally.
They must be written in a specific format.
They must not violate law or public policy.
They must be approved by a court.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can parties modify the risk of loss in a contract?
By ignoring the risk of loss altogether.
By ensuring the risk of loss is always with the buyer.
By transferring the risk of loss to a third party.
By stating that the risk of loss remains with the seller until delivery.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In what situation might the risk of loss remain with the seller even after the title has transferred?
If the goods are delivered to the buyer's home.
If the buyer requests a delay in delivery.
If the goods are delivered to a common carrier.
If the contract specifies the seller retains risk until delivery.
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