Thorpe buys an HD TV from Viewpoint Electronics store,which agrees to keep the TV for Thorpe until he picks it up.Before Thorpe gets the TV,a fire destroys the store and the set.The loss is suffered by
A)neither Thorpe nor Viewpoint
B)Thorpe and Viewpoint.
C)Thorpe only.
D)Viewpoint only.

Question

Quizplus · Accepted Answer

The loss is suffered by Viewpoint only since they were in possession of the TV at the time the fire occurred. Thorpe had not taken possession of the TV yet, so he is not responsible for the loss.

Thorpe Buys an HD TV from Viewpoint Electronics Store,which Agrees