Under the UCC,parties to a contract can decide who will bear the risk of loss.

Question

Quizplus · Accepted Answer

The UCC allows parties to a contract to determine who will bear the risk of loss, which refers to the responsibility for any damage or destruction that occurs to the goods covered by the contract. This is known as the "risk of loss" provision, and it can be included in the contract terms or implied by the circumstances surrounding the agreement.

Under the UCC,parties to a Contract Can Decide Who Will