In an origin contract,who bears the risk of loss while the goods are in transit?
A)The seller
B)The buyer
C)Both the buyer and seller,with the loss being apportioned 50% to the buyer and 50% to the seller
D)Both the buyer and seller,with the loss being apportioned 75% to the buyer and 25% to the seller
E)Both the buyer and seller,with the loss being apportioned 25% to the buyer and 75% to the seller

Question

Quizplus · Accepted Answer

In an origin (also known as shipment)contract,title passes to the buyer at the time and place of shipment.Thus,the buyer bears the risk of loss while the goods are in transit.

In an Origin Contract,who Bears the Risk of Loss While