Multiple Choice
Michael Motors enter into a business contract with Charles to sell Charles a car. The contract specifically states that upon the date that both parties sign the contract, Michael motors is not responsible for any damages that occur to the car during delivery to Charles' house. This is an example of what type of default rule?
A) Allocating loss
B) Allocating risk
C) Delivery risk
D) Possessory loss
Correct Answer:
Verified
Correct Answer:
Verified
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