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Goods are said to be in a deliverable state when _________.
- a)The buyer may take delivery of them
- b)The buyer would, under contract, be bound to take delivery of them
- c)The seller is in a position to deliver them
- d)All of the above
Correct answer is option 'B'. Can you explain this answer?
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Goods are said to be in a deliverable state when _________.a)The buyer...
Explanation:
When we talk about goods being in a deliverable state, it means that they are ready to be delivered to the buyer. However, there are certain conditions that need to be met before we can say that goods are in a deliverable state. Let's discuss these conditions in detail below.
Contractual Obligation:
Goods are said to be in a deliverable state when the buyer would, under contract, be bound to take delivery of them. This means that there is a contract in place between the seller and the buyer, and the buyer has agreed to take delivery of the goods at a certain time and place. The goods must be in compliance with the terms of the contract, and the seller must have fulfilled all the obligations as per the contract.
Seller's Position:
In addition to the contractual obligation, the seller must also be in a position to deliver the goods. This means that they must have the goods in their possession or have access to them. They must also have the necessary resources to transport the goods to the buyer's location. If the seller is unable to deliver the goods due to some reason, then the goods cannot be considered to be in a deliverable state.
Buyer's Right to Take Delivery:
Finally, the buyer must have the right to take delivery of the goods. This means that they must have fulfilled all their obligations as per the contract, such as making the payment for the goods. If the buyer is unable to take delivery of the goods due to some reason, then the goods cannot be considered to be in a deliverable state.
Conclusion:
In conclusion, goods are said to be in a deliverable state when the buyer would, under contract, be bound to take delivery of them. The seller must be in a position to deliver the goods, and the buyer must have the right to take delivery of the goods. All these conditions must be met before we can say that the goods are in a deliverable state.
When we talk about goods being in a deliverable state, it means that they are ready to be delivered to the buyer. However, there are certain conditions that need to be met before we can say that goods are in a deliverable state. Let's discuss these conditions in detail below.
Contractual Obligation:
Goods are said to be in a deliverable state when the buyer would, under contract, be bound to take delivery of them. This means that there is a contract in place between the seller and the buyer, and the buyer has agreed to take delivery of the goods at a certain time and place. The goods must be in compliance with the terms of the contract, and the seller must have fulfilled all the obligations as per the contract.
Seller's Position:
In addition to the contractual obligation, the seller must also be in a position to deliver the goods. This means that they must have the goods in their possession or have access to them. They must also have the necessary resources to transport the goods to the buyer's location. If the seller is unable to deliver the goods due to some reason, then the goods cannot be considered to be in a deliverable state.
Buyer's Right to Take Delivery:
Finally, the buyer must have the right to take delivery of the goods. This means that they must have fulfilled all their obligations as per the contract, such as making the payment for the goods. If the buyer is unable to take delivery of the goods due to some reason, then the goods cannot be considered to be in a deliverable state.
Conclusion:
In conclusion, goods are said to be in a deliverable state when the buyer would, under contract, be bound to take delivery of them. The seller must be in a position to deliver the goods, and the buyer must have the right to take delivery of the goods. All these conditions must be met before we can say that the goods are in a deliverable state.
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Goods are said to be in a deliverable state when _________.a)The buyer...
B
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Goods are said to be in a deliverable state when _________.a)The buyer may take delivery of themb)The buyer would, under contract, be bound to take delivery of themc)The seller is in a position to deliver themd)All of the aboveCorrect answer is option 'B'. Can you explain this answer?
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