Why this is mistaken
Build a dated control-evidence matrix. Shipment may be relevant, but the conclusion depends on the contract, operating facts, specified asset, customer acceptance, and any arrangement that preserves the seller's control.
Where to watch
When this mistake may appear
- The goods left the dock.
- The customer was invoiced.
Check your work
Your work may contain this mistake if:
- Uses shipping date without contract evidence.
- Ignores substantive acceptance.
- Recognizes consigned or redirectable goods.