High School

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If the seller has shipped conforming goods as agreed, the buyer has the duty to accept them and become the owner of the goods in accordance with concepts of __________.

a) Perfect tender
b) Insurable interest
c) Risk of loss
d) Title

Answer :

Final answer:

When a seller delivers conforming goods, the buyer has the duty to accept them, and the title passes to the buyer. The seller can reassure the buyer through detailed product information and warranties. Voluntary transactions affirm that the title transfers upon the agreed conditions being met. So, the correct answer is option d).

Explanation:

If the seller has shipped conforming goods as agreed, the buyer has the duty to accept them and become the owner of the goods in accordance with concepts of title. When the seller of an item posts a price or makes a take-it-or-leave-it offer, and the buyer accepts the offer, an exchange is made, and the buyer assumes ownership or title to the goods. This is predicated on the premise that goods must have the capacity to become the exclusive property of an individual, which is to say, they must be capable of being alienated or transferred.

Additionally, a seller may reassure a buyer who faces imperfect information by providing detailed product descriptions, customer testimonials, warranties, or guarantees, which all serve to enhance buyer confidence. Ultimately, in a voluntary transaction, if the goods delivered are as per the contract terms, the title transfers from the seller to the buyer without any need for further legal formalities.

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