Candy Corporation orders Double Chocolate Bars from Edibles Distribution Company. Edibles identifies the goods. Before they are shipped to Candy, an insurable interest in the goods exists in
A) Candy only.
B) Edibles only .
C) both Candy and Edibles.
D) neither Candy nor Edibles.

Question

Quizplus · Accepted Answer

Both Candy and Edibles have an insurable interest in the goods once they are identified. Candy has an interest because they are the buyer, and Edibles has an interest because they are the seller until the goods are shipped.

Candy Corporation Orders Double Chocolate Bars from Edibles Distribution Company