Chapter 1 Problem 7-10
1. EXCLUDE – The term of the shipment is FOB destination.
2. EXCLUDE – The goods are held only for consignment.
3. INCLUDE – There is no perfected sale yet as of December 31, 2008.
4. INCLUDE – The term FOB supplier’s warehouse is synonymous with FOB shipping point.
5. EXCLUDE – There is already a constructive delivery since the article was specifically
made according to the customer’s specifications and the article is already
completed on December 31, 2008.
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