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On April 5, Anker, Inc. furnished Bold Corp. with Anker’s financial statements dated March 31. The financial statements contained misrepresentations which indicated that Anker was solvent when in fact it was insolvent. Based on Anker’s financial statements, Bold agreed to sell Anker 90 computers, “FOB--Bold’s loading dock.” On April 14, Anker received 60 of the computers. The remaining 30 computers are in the possession of the common carrier and in transit to Anker.With respect to the remaining 30 computers in transit, which of the following statements is correct if Anker refuses to pay Bold in cash and Anker is not in possession of a negotiable document of title covering the computers? A. Bold may stop delivery of the computers to Anker despite the fact that title had passed to Anker. B. Bold may stop delivery of the computers to Anker since their contract is void due to Anker’s furnishing of the false financial statements. C. Bold must deliver the computers to Anker on credit since Anker has not breached the contract. D. Bold must deliver the computers to Anker since the risk of loss had passed to Anker. |