Question

1. B us to the poquitle as described in Chapter 22. a) This type of title is not true title. Someone who purchases stolen goods has this title. b) This type of title occurs in certain situations in which the contract between the original parties wouk be void but the goods have already been sold to a third party. c) This typitle is agguired from someone who alrey own the goods and clear. a I need Q 2 2. 1 in the blank with the correct legal term. refers to transfer of title. _refers to a situation when goods may be used as b) collateral for a debt. refers to who has the risk of loss, which matters whe someone is seeking indemnification for damaged goods. refers to the right to insure goods against any risk exposure. 3. (TRUE/FALSE) A buyer gets only voidable title if the buyer and seller agreed that title would not pass until some later time. 4. Fill in the blank with the correct type of sales contract. a) This type of contract occurs when goods are delivered to the buyer via a common carriers as a trucking line. b) This type a contract occurs when the purchased goods are in some kind of storage under control of a third party. This type of contract occurs when the purchased goods are transferred to the buyer from seller at either the time of the sale or sometime later by the seller's delivery. d) This type of contract occurs when the sale itself is contingent on approval for example.

Answer 1

Question 2. Ans of the above mentioned fill in the blanks-

a) Delivery refers to the transfer of title.

b) warranty refers to a situation where goods may be used as collateral or debt.

c) Indemnifier refers to who has risk of loss,which means someone is indemnification for risk of loss.

d) Insurance refers to the right to insure goods against any risk exposure.