Title and risk of loss cannot pass to the buyer from the seller before the goods are identified to the contract.

Question

Quizplus · Accepted Answer

This statement is true. Title and risk of loss can only pass to the buyer once the goods have been identified to the contract. This usually occurs when the goods have been delivered or when the buyer has accepted them. Until that point, the seller retains ownership and assumes the risk of loss.

Title and Risk of Loss Cannot Pass to the Buyer