Identify two true statements about sales on trial. (Choose two correct answers.)Multiple select question.The risk of loss passes to a seller at the time they have agreed to if there is an agreement between parties.A potential buyer gets time to decide whether to give the other party a chance to sell goods to a third party.The risk of loss and title rest with a seller unless parties agreed to the contrary.A potential buyer gets the chance to decide whether or not to buy goods.

Even when a breach of contract on the sellers part occurs,Multiple select question.the buyer typically still wants the goods.the buyer will have many alternatives.the buyer may not have alternatives.the buyer will not want the goods.

If goods are in the possession of a third-party bailee and are to be delivered without being moved, the risk of loss passes to the ________ upon delivery of a negotiable document of title for the goods.Multiple choice question.shippermanufacturersellerbuyer

An injured buyer can recover consequential damages from a seller by showing that: ________.Multiple choice question.the seller knew (or should have known) she could have prevented damages by obtaining substitute goodsthe seller made (or should have made) profits out of the sales contractthe contract price is higher than the cost price of the substitute goodsthe seller knew (or should have known) the buyer would suffer damages if the seller failed to perform

If the difference between the contract price and the market price would not put the seller in as good a financial position as the seller would have been in if the contract had been performed, the seller can ________. (Choose three correct answers.)Multiple select question.recover lost profitrecover emotional damagesrecover overheadget compensated for incidental damagesdecline credit to buyer for expenses saved

Identify the factors through which a seller can determine the damages that a buyer is liable for because of the breach of contract. (Choose two correct answers.)Multiple select question.The profit from all the plausible buyers that was lost because of dealing with the current buyerThe difference between the contract price and the market price at which the goods are currently sellingThe profit that the seller lost when the buyer did not go through with the contractThe emotional damages that the seller suffered due to buyer's refusal to accept goods