Loss of goods in transit is borne by-
A)Consignee .
B)Consignor .
C)Both (a) and (b) proportionately .
D)Insurance company

Name: Loss of goods in transit is borne by- A)Consignee . B)Consignor . C)Both (a) and (b) proportionately . D)Insurance company
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Question

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The consignor bears the loss of goods in transit unless there is an insurance policy covering the goods, in which case the insurance company would bear the loss.

Loss of Goods in Transit Is Borne By-