Multiple Choice
Which of the following best describes the significance of risk of loss in a carrier case?
A) It determines who will bear the loss for any problems that arise under the contract.
B) It determines with certainty which party will pay if the goods are lost or damaged in transit.
C) It determines whether the buyer or seller will pay if the goods are lost or damaged in transit,and other possible sources of recovery,such as insurance,do not cover the loss.
D) It determines the terms of payment under the contract.
Correct Answer:
Verified
Correct Answer:
Verified
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