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In an Ordinary Lease,when Does the Risk of Loss Pass

Question 109

Multiple Choice

In an ordinary lease,when does the risk of loss pass from the lessor to lessee,if the lessor is a merchant?


A) when the parties sign the lease contract
B) when the lessee makes the first lease payment
C) when the lessor receives the first lease payment
D) when the lessee receives the goods
E) when the lessor ships the goods

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