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If Not Expressly Agreed by the Parties in Their Contract

Question 1

Multiple Choice

If not expressly agreed by the parties in their contract, the risk of loss of goods falls upon


A) the purchaser because of the implied condition regarding transfer of title.
B) the vendor, if the goods are in transit to the purchaser F.O.B. the vendor's warehouse.
C) the purchaser, if the goods are in transit on a C.O.D. basis.
D) the vendor, if the goods are in his possession because he must weigh or measure them for the purpose of ascertaining price.
E) the vendor, if the goods are in his possession for any reason.

Correct Answer:

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