1 the seller or lessor can attempt to cure a defect when, Ask an Expert

Management Studies

1. The seller or lessor can attempt to cure a defect when which of the following are true?

A delivery is rejected because the goods were non-conforming.

The time for performance had not yet expired.

The seller or lessor provides timely notice to the buyer or lessee of the intention to cure.

The cure can be made within the contract time for performance.

All of the above.

2. The risk in a contract, with goods to be shipped from Las Vegas, Nevada to Denver, Colorado, with the term “FOB Denver” passes in:

Las Vegas, Nevada.

Las Vegas, New Mexico.

Denver, Colorado.

At the Colorado state line.

None of the above.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92601367

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