Session 12 - 6 Describe when buyers and sellers of goods...

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Session 12 Chapter 16 Title and Risk of Loss in Sales of Goods Chapter Outcomes 1. Contrast voidable title with void title. 2. Discuss the rights of the parties when goods that are entrusted to merchants are sold to others in the ordinary course of business. 3. Determine, in a given case, when title to goods passes from the seller to the buyer. 4. Decide, in different situations, whether the buyer or the seller of goods must bear the risk of loss. 5. Compare a sale on approval with a sale or return.
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Unformatted text preview: 6. Describe when buyers and sellers of goods have insurable interests in those goods. Major Concepts • Void and Voidable Title • The Passage of Title and Risk of Loss • Sales with Right of Return • Insurable Interest Assignments 1. Read the chapter. 2. Review PowerPoint slides for Chapter 16 . 3. Review the Key Terms. 4. Complete any postings on the discussion board. 5. Complete Chapter 16 quiz by deadline....
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