Asked by McKall Hulsey on May 25, 2024
Verified
Brett contracts to purchase a particular Chevrolet from Johnson's car lot. Brett obtains a "special property interest" in the car when:
A) the contract is made.
B) the car is tendered to Brett.
C) Brett pays for the car.
D) Brett accepts the car.
Special Property Interest
A legal right or claim to real estate or property that grants certain uses or privileges to the holder beyond simple ownership.
- Grasp the concepts of special property interest in goods and how it affects sales contracts.
Verified Answer
JN
James NewtonMay 27, 2024
Final Answer :
A
Explanation :
A "special property interest" in the car is created when the contract is made, as it establishes Brett's right to obtain and use the car according to the terms of the contract.
Learning Objectives
- Grasp the concepts of special property interest in goods and how it affects sales contracts.