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The keys of warehouse where the goods are stored is handed over to the buyer it is called as________________delivery.
  • a)
    Actual 
  • b)
    Symbolic
  • c)
    Constructive
  • d)
    Conditional
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The keys of warehouse where the goods are stored is handed over to the...
Explanation:
The correct answer is B: Symbolic.
Here is a detailed explanation:
1. When the keys of a warehouse where the goods are stored are handed over to the buyer, it is known as delivery.
2. Delivery can be categorized into different types based on the nature of the transfer.
3. In this case, the delivery is symbolic because the keys represent the ownership and control of the goods stored in the warehouse.
4. Symbolic delivery signifies the transfer of legal possession without the physical movement of the goods.
5. The buyer now has the authority to access the warehouse and take possession of the goods.
6. Symbolic delivery is commonly used in situations where the goods are too large or numerous to physically move at the time of the transfer.
7. It is important to note that symbolic delivery does not involve the actual physical handover of the goods but rather the transfer of control and ownership through the keys.
In conclusion, when the keys of a warehouse where the goods are stored are handed over to the buyer, it is called symbolic delivery.
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The keys of warehouse where the goods are stored is handed over to the buyer it is called as________________delivery.a)Actualb)Symbolicc)Constructived)ConditionalCorrect answer is option 'B'. Can you explain this answer?
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