When does risk of loss transfer to the buyer in a simple delivery contract?
A)When goods are identified to the contract
B)When the buyer takes possession
C)When the items are tendered
D)When money is transferred
E)One day after goods are identified to the contract

Question

Quizplus · Accepted Answer

A)With a simple delivery contract,risk of loss transfers to the buyer when the buyer
takes possession.
B)With a simple delivery contract,risk of loss transfers to the buyer when the buyer takes possession.
C)With a simple delivery contract,risk of loss transfers to the buyer when the buyer takes possession.
D)With a simple delivery contract,risk of loss transfers to the buyer when the buyer takes possession.
E)With a simple delivery contract,risk of loss transfers to the buyer when the buyer takes possession.

When Does Risk of Loss Transfer to the Buyer in a Simple