Day: March 25, 2022

If the parties do not stipulate by any means when title shifts, Section 2-401(2) of the UCC provides that ―title passes to the buyer at the time and place at which seller completes his performance with reference to the physical Read More …

It is not uncommon for contracting parties to sell and buy goods stored in a grain elevator or warehouse without physical movement of the goods. There are two possibilities: 1. Goods with documents of title. A first possibility is that Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DEGREES OF MASTER OF SCIENCE IN INFORMATION SYSTEMS MANAGEMENT MISM5402 STRATEGIC MANAGEMENT INFORMATION SYSTEMS ORDINARY EXAMINATIONS DATE: DECEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION 1: 20 Read More …

In a destination contract, the seller‘s obligation is to see to it that the goods actually arrive at the destination. Here again, the parties may employ the use of abbreviations that indicate the seller‘s duties. See the following from the Read More …

In a shipment contract, the seller‘s obligation is to send the goods to the buyer, but not to a particular destination. The typical choices are set out in the UCC at Section 2-319: F.O.B. [place of shipment] (the place from Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DEGREES OF MASTER OF SCIENCE IN INFORMATION SYSTEMS MANAGEMENT/ DATA ANALYTICS MISM5303 MDA5303 SYSTEM DYNAMICS MODELLING ORDINARY EXAMINATIONS DATE: DECEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION Read More …