Asked by Keely Messer on Apr 27, 2024
Verified
Which of the following occurs when the purchased goods are transferred to the buyer from the seller at either the time of the sale or a later time by the seller's delivery?
A) A voidable delivery contract
B) An average delivery contract
C) A simple delivery contract
D) A complex delivery contract
E) An acknowledged sale
Simple Delivery Contract
A type of contract in which purchased goods are transferred to a buyer from a seller either at the time of the sale or sometime later by the seller’s delivery.
- Discern between multiple types of sales contracts as outlined by the UCC.
Verified Answer
NT
Navneet ThaandiMay 02, 2024
Final Answer :
C
Explanation :
This scenario describes a simple delivery contract, where the goods are transferred to the buyer from the seller at the time of the sale or later by the seller's delivery, without any additional conditions or complexities involved.
Learning Objectives
- Discern between multiple types of sales contracts as outlined by the UCC.