Unit 12-13 Terms
Across
- 2. Transfer transfer generally by sale, of all or major part of the goods of a business in one unit at a time
- 4. of an Undivided Interest selling a fractional interest in a single good or in a number of goods that are to remain together.
- 6. Seller seller who does not meet the definition of a merchant
- 7. collect on delivery
- 8. a collection of rights that allow the use and enjoyment of property
- 11. of Delivery to place the goods at the buyer’s disposal or to give notice to the buyer that the delivery can be received.
- 12. delivery of the agree upon price and the concurrent acceptance by the seller.
- 14. of Goods buyer takes physical possession or control of the goods
- 17. buyer in sales of goods and contracts to sell
- 18. items of tangible, movable, personal property
- 20. subject matter of the contract is placed within the possession or control of owner
- 21. shipping term meaning “free on board”
Down
- 1. Goods goods that are not both existing and identified.
- 2. of Sale receipt that services as written evidence of the transfer of ownership of goods
- 3. seller who deals regularly in a particular type of goods or who claims special knowledge in a certain type of sales transaction.
- 5. public sale to the highest bidder
- 6. to Sell transaction in which transfer of ownership is to take place in the future
- 7. Sale sale that, by agreement of the parties, calls for payment for the goods at a later date
- 9. Goods designated subject matter of a particular sales contract
- 10. exchange of goods for goods
- 13. “cost, insurance, freight” price
- 15. Goods physically existing goods owned by the seller
- 16. seller in sales of goods and contracts to sell
- 18. Faith Purchaser innocent third party to a fraudulent transfer of goods who gives value to the goods and acquires rights in them
- 19. consideration for a contract to sell or sale of goods.