In a destination 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

Destination contracts require the seller to deliver the goods to the destination stipulated in the sales contract.This destination may be the buyer's place of business or some other location.The seller bears the risk of loss until that time.

In a Destination Contract,who Bears the Risk of Loss While