NCMA Exam CPCM Topic 1 Question 80 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 80
Topic #: 1

[All CPCM Questions]

A contract pursuant to whose terms goods are transferred from seller to buyer is called sale.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

by Allene at Jan 27, 2024, 04:25 PM

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Natalie

1 months ago

Wait, so if it's not a sale, is it a rental? A lease? Maybe it's just a really long game of 'pass the parcel'?

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Merissa

3 days ago

B) False

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Nickolas

7 days ago

No, it could be a lease or rental agreement.

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Roselle

1 months ago

A) True

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Cherry

2 months ago

True, true, true! I know this one like the back of my hand. Piece of cake!

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Mira

2 months ago

Hmm, this seems too easy. Maybe there's a catch? I better think this through carefully before answering.

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Queen

10 days ago

B) False

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Georgeanna

1 months ago

I think it's true.

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Kelvin

2 months ago

A) True

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Angella

2 months ago

I'm pretty sure this is true, but just to be safe, I'll double-check my notes on the definition of a sale contract.

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Amos

2 months ago

False

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Melissa

2 months ago

True

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Talia

2 months ago

True

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Kristeen

2 months ago

False

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Terry

2 months ago

True

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Blossom

2 months ago

Duh, of course it's true. What else would you call it? A trade? A barter? Come on, this is basic stuff.

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Wynell

22 days ago

That's right, a sale involves the transfer of goods from seller to buyer.

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Melina

30 days ago

A) True

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Tish

1 months ago

Exactly, it's called a sale because goods are being transferred from seller to buyer.

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Jenelle

2 months ago

A) True

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Aaron

3 months ago

True

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