Author Question: The risk of loss in a sales transaction: A)Rests with the seller. B)Is irrevocably transferred to ... (Read 58 times)

CORALGRILL2014 · **on:** Jun 24, 2018

The risk of loss in a sales transaction:
A)Rests with the seller.
B)Is irrevocably transferred to the buyer when the contract is executed.
C)Can be assigned by the escrow agent to either party.
D)Rests with the buyer.

Question 2

In the case of a time draft, the holder can require payment of the paper before it matures.
Indicate whether the statement is true or false