Asked by
Tatum Hughes
on Nov 27, 2024Verified
Identification gives
A) the state the right to impose taxes on a sale or lease of goods.
B) the buyer or lessee the right to insure certain goods.
C) the seller the right to collect payment for goods before their delivery.
D) none of the choices.
Identification
The process or act of proving or recognizing one's identity, often using documents like ID cards or passports.
Insure
To secure indemnity against potential future loss or damage, typically by obtaining an insurance policy.
Collect Payment
the act of receiving money that is owed, typically in exchange for goods or services.
- Comprehend the privileges of entities to safeguard the goods engaged in the transaction.
- Comprehend the effects of goods being identified to the contract on the rights to insure, risk, and title.
Verified Answer
MG
Learning Objectives
- Comprehend the privileges of entities to safeguard the goods engaged in the transaction.
- Comprehend the effects of goods being identified to the contract on the rights to insure, risk, and title.
Related questions
In a Sales Contract, the Passage of Risk of Loss ...
State University Provides Housing on Campus and in Some Adjacent ...
Ghee Agrees to Buy Hole's Donut Shop on the Express ...
Janicka Purchased a Snowmobile from Andrew Under a Conditional Sale ...
Under a Conditional Sale Agreement, the Purchaser Never Gets Title ...