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Payment of a C.O.D.shipment constitutes an acceptance of the goods.

A) True
B) False

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verifed

verified

A "commercial unit" is a unit of goods that by commercial usage is a single unit and that, if divided, would be materially impaired in character or value.

A) True
B) False

Correct Answer

verifed

verified

A buyer's cancellation of a contract based on the seller's anticipatory repudiation is effective:


A) if the cancellation precedes the seller's attempt to retract her repudiation.
B) only if bond has been obtained.
C) only if the buyer expressly notifies the seller of the cancellation.
D) All of these are correct.

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

If no place of tender is indicated by the contract, delivery is presumed to be made at seller's place of business.

A) True
B) False

Correct Answer

verifed

verified

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