Which of the following is a false statementpursuant to a, Ask an Expert

Management Studies

Which of the following is a false statement?

Pursuant to a destination contract, the risk of loss typically passes to the buyer when the goods are duly delivered to the carrier.

Pursuant to a shipment contract, the risk of loss typically passes to the buyer when the seller places conforming goods in the possession of the carrier.

An agency relationship is a fiduciary one pursuant to U.S. law.

An officer of a corporation typically possesses the power to bind the corporation contractually even though the officer is not a director.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91575511

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