Answered: Delivery of keys of the place or…

Delivery of keys of the place or depositary where the movable is stored is not a mode of a valid delivery under the law on sales. O True O False

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 24Q: Can a credit entry be described as a generally positive or negative transaction? Explain.

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Delivery of keys of the place or depositary where the movable is
stored is not a mode of a valid delivery under the law on sales.
True
False

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Bill-and-hold transactions occur when theseller records a sale but the goods or serviceshave not been delivered. But, all types of Bill and Hold are not illegal. Group of answer choices : True False
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