Sales contract agreeing to deliver motorcycle

Assignment Help Financial Management

Reference no: EM131904243

Wheel Sports Center entered into a sales contract agreeing to deliver a motorcycle to Ramos for the price of $893. Ramos paid the full price for the motorcycle and immediately had it insured and registered in his name. However, before it was delivered to Ramos, the motorcycle was stolen from Wheel Sports Center. Who must suffer the loss, Wheel Sports Center or Ramos? Why? [See: Ramos v. Wheel Sports Center, 409 N.Y.S.2d 505 (NY).]

Reference no: EM131904243

Questions Cloud

Calculate payback period-discounted payback period : Calculate the following. the payback period, discounted payback period,

Put in investment account periodically : How much would you need to put in your investment account periodically?

Cost of equity raised by selling new common stock : what is the component cost of the equity raised by selling new common stock? what is the firm's WACC?

What are the dividend yield and percentage capital gain : What is the total rate of return on the stock? What are the dividend yield and percentage capital gain?

Sales contract agreeing to deliver motorcycle : Wheel Sports Center entered into a sales contract agreeing to deliver a motorcycle to Ramos for the price of $893.

Calculate the expected npv : Calculate the expected NPV. Would you build the plant?

What should be the selling price of the note : What should be the selling price of the note?

Break-even level of sales if the firm pays no taxes : What is the accounting break-even level of sales if the firm pays no taxes?

Common carrier with instructions to deliver them to brown : Eberhard placed the goods on board a common carrier with instructions to deliver them to Brown. The goods were lost in transit.

User Account

All Pages