Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings

Exercise 18

Under the Sales Articles of the UCC, when a contract for the sale of goods stipulates that the seller ship the goods by common carrier "FOB purchaser's loading dock," which of the parties bears the risk of loss during shipment
a. The purchaser, because risk of loss passes when the goods are delivered to the carrier
b. The purchaser, because title to the goods passes at the time of shipment
c. The seller, because risk of loss passes only when the goods reach the purchaser's loading dock
d. The seller, because risk of loss remains with the seller until the goods are accepted by the purchaser