Asked by afeefa hussain on Sep 30, 2024
Under the UCC,title passes to the buyer when the seller has physically delivered the goods.
Title Passes
The legal transfer of ownership of a property from the seller to the buyer.
Physically Delivered
Refers to contracts, particularly in commodities trading, where the actual physical commodity is delivered upon contract expiration.
- Absorb the foundational concepts related to the transfer of ownership in the context of goods being sold.
Learning Objectives
- Absorb the foundational concepts related to the transfer of ownership in the context of goods being sold.