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Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
Edition 13ISBN: 978-1133046783Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
Edition 13ISBN: 978-1133046783 Exercise 1
Adams Textiles in Kansas City sells certain fabric to Silk Satin Stores in Oklahoma City. Adams packs the fabric and ships it by rail to Silk. While the fabric is in transit across Kansas, a tornado derails the train and shreds and scatters the fabric across miles of cornfields. What are the consequences if Silk bore the risk? If Adams bore the risk? (See page 413.)
Explanation
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If S (buyer) bore the risk it is the buy...
Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
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