Question

1. Seller enters into a shipment contract with Buyer. When is delivery completed?

1. When Buyer receives the shipment
2. When Seller hands over the shipment to Carrier
3. When shipment receives delivery destination selected by Buyer
4. When the Seller notifies the Buyer that the shipment is in transit

2. According to the going and coming rule, what is the liability of the principle for injuries caused by its agents and employees while they are on their way to or from work?

1. Complete liability
2. Vicarious liability
3. Limited liability
4. No liability

3. Flo’s Flower Shop agrees to buy all the flowers it will need for the next six months from Nancy’s Nursery. This is:

1. An invalid contract because no quantity if specified
2. An invalid contract because there is not writing under the UCC
3. An output contracts
4. A requirement contracts

Answer 1

1.b.when the seller hands over the shipment to carrier.

Under the shipment contract the delivery is completed once the shipment is handed to carrier.

2.d.No liability.

Employer is not liable for any damages caused by its employees and staff while commuting to work place from home and vice versa.

3.d. A requirement contract.

A requirement contract is one in which buyer does not specify the exact quantity, but will agree to purchase his requirements from the supplier.