Which one of the following statements is false with respect to who bears the risk of loss in a sale-of-goods contract?
A) The risk of loss may depend on who holds title.
B) The parties can contradict the provisions of the Sale of Goods Act on this question.
C) When unascertained or future goods are involved, the risk transfers once a reasonable time has passed.
D) The risk of specific goods may pass upon formation of the contract.
E) Where repairs have to be done before delivery, the risk passes when the repairs are made and notice given.

Question

Quizplus · Accepted Answer

The statement about the risk of loss transferring after a reasonable time has passed when unascertained or future goods are involved is false. In contracts involving the sale of goods, the risk of loss typically does not transfer based on the passage of time alone but rather depends on other factors such as the identification of goods to the contract, the terms of the contract, or the occurrence of certain events specified by law or the agreement of the parties.

Which One of the Following Statements Is False with Respect