which of the following is not an indicator that control of a good has passed from the seller to the buyer…

which of the following is not an indicator that control of a good has passed from the seller to the buyer? a. buyer has legal title b. buyer has an unconditional obligation to pay c. buyer has scheduled delivery d. buyer has assumed the risk and rewards of ownership

which of the following is not an indicator that control of a good has passed from the seller to the buyer? a. buyer has legal title b. buyer has an unconditional obligation to pay c. buyer has scheduled delivery d. buyer has assumed the risk and rewards of ownership

Answer

Brief Explanations:

When a buyer has legal title, an unconditional obligation to pay, and has assumed the risk and rewards of ownership, control of the good has likely passed. Scheduling delivery alone does not necessarily mean control has passed as it could be a logistical arrangement while the seller still retains control.

Answer:

C. Buyer has scheduled delivery