The UCC has replaced the common law concept of title in part with the concept of risk of loss.

Question

Quizplus · Accepted Answer

The UCC has indeed replaced the common law concept of title with the concept of risk of loss, which determines who bears the risk of loss or damage to goods during transportation or storage. This shift reflects the UCC's focus on commercial transactions and the practicalities of modern business, where parties may not always have physical possession of goods or clear title.

The UCC Has Replaced the Common Law Concept of Title