Multiple Choice
Ariafyn Equestrian Farm ordered a maximum of $1200 worth of oats for delivery by October 30 from Mike,a local farmer.On October 12,Mike stopped at the grain elevator scales to weigh the truckload of oats,which indicated Ariafyn would owe $1293 for the load.Mike was inside the office obtaining the certificate of weight when a passing train derailed,sending a rail car colliding into Mike's truck.Which party will have the right to sue the railway company for the loss of the oats?
A) Ariafyn; risk transfers with the appropriation of unascertained goods
B) Mike; the buyer must be notified once the price is ascertained
C) Ariafyn; the goods are weighed and the price has been ascertained
D) Mike; Ariafyn must signal its adoption of the transaction
Correct Answer:
Verified
Correct Answer:
Verified
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