Ed entered into a contract to buy a motorcycle from Hot Rod Motorcycles Inc.He paid the purchase price of $1,200 and was given the papers necessary to register the motorcycle and get insurance on it.Ed registered the motorcycle but had not attached the license plates to it.He left on vacation and told the Hot Rod salesperson that he would pick up the motorcycle on his return.While Ed was on vacation,there was an electric power blackout in New York City and the motorcycle was stolen.Ed sued Hot Rod to get back his money.Will Hot Rod have to bear the risk of loss of the motorcycle?
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