Question

True or False:

1. Ziggy sells and delivers a semi-trailer load of steel reinforcing bars to Barb. Unless otherwise agreed, it is Ziggy’s obligation to furnish some means of lifting the steel bars of the semi-trailer.                                                                                

2. Timory agrees to sell to Art some copper valves that are in the possession of a warehouseman. If the valves are not to be moved, Timory’s delivery obligation is completed when she delivers some form of document of title to Art.                       

3. FOB is both a price and a delivery term.

4. A seller in Milwaukee who is required to deliver bratwurst to a buyer in Atlanta, “FOB Milwaukee,” has entered into a destination contract.                                      

5. Unless otherwise specified in a contract for the sale of goods, a shipment contract is presumed.

100. In a “C&F” contract, the goods must be shipped “FAS” shipping point.

Answer 1

(a) Ziggy sells and delivers a semi-trailer load of steel reinforcing bars to Barb. Unless otherwise agreed, it is Ziggy’s obligation to furnish some means of lifting the steel bars of the semi-trailer
Answer: (True)

(b) Timory agrees to sell to Art some copper valves that are in the possession of a warehouseman. If the valves are not to be moved, Timory’s delivery obligation is completed when she delivers some form of document of title to Art.
Answer: (False)

(c) FOB is both a price and a delivery term.
Answer: (False)

(d) A seller in Milwaukee who is required to deliver bratwurst to a buyer in Atlanta, “FOB Milwaukee,” has entered into a destination contract.
Answer: (True)

(e) Unless otherwise specified in a contract for the sale of goods, a shipment contract is presumed.
Answer: (False)

(f) In a “C&F” contract, the goods must be shipped “FAS” shipping point.
Answer: (True)