What does "the risk of loss" mean?
A) It is the risk that a party may not pay for goods delivered.
B) It is the risk that a contract may be unprofitable for a business.
C) It is the risk that goods delivered may be nonconforming or have material defects.
D) It is the risk that goods in transit may be lost or destroyed.
E) It is the risk that a third-party may interfere with the performance of a contract for the delivery of goods.

Question

Quizplus · Accepted Answer

"The risk of loss" refers to the possibility that goods in transit may be lost or destroyed before they reach their destination.

What Does "The Risk of Loss" Mean