Under the UCC,who holds the risk of loss in an ordinary lease during transit?
A) supplier or vendor
B) lessor
C) lessee
D) common carrier
E) bailee

Name: Under the UCC,who holds the risk of loss in an ordinary lease during transit? A) supplier or vendor B) lessor C) lessee D) common carrier E) bailee
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

In an ordinary lease under the UCC, the lessor typically retains the risk of loss during transit unless otherwise agreed upon in the lease contract.

Under the UCC,who Holds the Risk of Loss in an Ordinary