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A Contract Between Kwik Import Company in Los Angeles and Macro

Question 12

Essay

A contract between Kwik Import Company in Los Angeles and Macro Retail Corporation in New York does not expressly state which party bears the risk of loss but says only that Kwik is "to ship goods at the seller's expense." At what point does the risk of loss of the goods pass from the seller to the buyer?

Correct Answer:

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All contracts are as?sumed to be shipmen...

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