18)Goods that are specifically made for the buyer and are of such an unusual nat

Question

18)Goods that are specifically made for the buyer and are of such an unusual nature that they are not suitable for trade in the ordinary course of the seller’s business are called _____.

19)Which of the following acts govern the sales of movable personal property?

20)Which of the following is true of a shipment contract?

21)In case a negotiable instrument is only partially filled in and signed before delivery:

22)Which of the following is true of a negotiable instrument?

23)Which of the following best describes a debenture?

A) resellable goods

Explanation / Answer

18)Goods that are specifically made for the buyer and are of such an unusual nature that they are not suitable for trade in the ordinary course of the seller’s business are called _____.

C-Nonresellable Goods

19)Which of the following acts govern the sales of movable personal property?

D-Uniform Commercial Code

20)Which of the following is true of a shipment contract?

21)In case a negotiable instrument is only partially filled in and signed before delivery:

22)Which of the following is true of a negotiable instrument?

d-An instrument can be partly written and partly typed.

23)Which of the following best describes a debenture?

C-The title and risk of loss pass to the buyer when the goods are delivered to the carrier.

21)In case a negotiable instrument is only partially filled in and signed before delivery:

D-the maker or drawer is liable if the blanks are filled in contrary to instructions.

22)Which of the following is true of a negotiable instrument?

d-An instrument can be partly written and partly typed.

23)Which of the following best describes a debenture?

A-It is an unsecured bond or note issued by a business firm.

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