In: Accounting
A buyer purchases goods from an online seller. The goods will be delivered from the seller to the buyer under a shipment contract. The title to the goods will pass from the seller to the buyer when...
(a) seller delivers the goods to the carrier
(b) goods arrive at the buyer's stetted address
(c) buyer takes actual possession of the goods
(d) buyer receives a receipt from the seller
(e) buyer pays the seller for the goods
b) goods arrive at the buyer's stetted address
Under a shipment contract title to the goods will pass
from the seller to the buyer when seller delivers the goods to the
carrier and title passes at the time and place where the seller
completes his performance with reference to delivery.