Test yourself

There are ten questions in this section. The questions in this section are worth one point each.

The text below contains a contract clause with missing words. You must choose the correct words to complete each gap. TH 7
irrespective; full; vested; notice; pass; retake; purchase; dispose; policy; title;
Retention of Title

1. Title to (the Goods) shall remain (1 p.) in (the Seller) and shall not (1 p.) to (the Buyer) until the (1 p.) price for (the Goods) has been paid in (1 p.) and received by (the Seller). Until title to (the Goods) passes:
a. (the Seller) shall have authority to (1 p.) , sell or otherwise deal with and/or (1 p.) of all or any part of (the Goods);
b. (the Seller) and its agents and employees shall be entitled at any time and without the need to give (1 p.) enter upon any property upon which (the Goods) or any part are stored, or upon which (the Seller) reasonably believes them to be kept;
c. (the Buyer) shall store or mark (the Goods) in a manner reasonably satisfactory to (the Seller) indicating that (1 p.) to (the Goods) remains vested in (the Seller); and
d. (the Buyer) shall insure (the Goods) to their full replacement value, and arrange for (the Seller) to be noted on the (1 p.) of insurance as the loss payee.
2. (1 p.) of whether title to (the Goods) remains vested in (the Seller), risk in (the Goods) shall pass to (the Buyer) upon delivery.