What is an insurable interest

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Reference no: EM13222219

Questions for review and discussion. Please answer all questions.
1: What are goods and what is a sale?
2: When does Article 2 of the UCC apply to contractual relationship?
3: What are the UCC rules that relate to written contracts?
4: What are the two laws that relate to cyber-sales contracts and what do they accomplish?
5: What is the difference between an auctions with reserve with an auction without reserve?
6: What are valid title, void title, and voidable title?
7: When does the title to goods pass from seller to buyer?
8: When must the buyer and when must the seller bear the risk of loss?
9: What is the difference between a sale on approval and a sale or return?
10: What is an insurable interest?

Reference no: EM13222219

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