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Which of the Following Is True of the Assumption of Risks

Question 56

Multiple Choice

Which of the following is true of the assumption of risks during delivery of goods?


A) The seller is always responsible for shipping the goods to the buyer.
B) The seller is liable for any damages incurred to the goods during shipment.
C) The buyer is liable for damages incurred to the goods during shipment.
D) The buyer is responsible for damages to goods when the seller is about to transfer for shipment.
E) The buyer assumes the risk of loss till he/she receives the goods, as per destination contracts.

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