Multiple Choice
What is the relationship between ownership of the goods and who bears the risk of loss in a sale of goods transaction?
A) There is no relationship because risk passes when the goods are paid for.
B) Risk of loss passes from seller to buyer when ownership passes.
C) Risk of loss and ownership passes when the goods are paid for and delivered to the buyer.
D) Ownership and risk of loss both pass when the contract for sale is formed.
Correct Answer:
Verified
Correct Answer:
Verified
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