Larry, a merchant seller, had contracted with Simon, to buy welding equipments.The contract stipulated that Larry would pick up the equipments from Simon's warehouse on the 14^th day from the date of the contract.But Larry could not make the pick up on that date and before he could do so on the 15^th day, the warehouse was burned down by miscreants.In this situation, who bears the risk of loss of the goods that were to be received by Larry?

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The Answer of Larry, a merchant seller, had contracted with Simon, to buy welding equipments.The contract stipulated that Larry would pick up the equipments from Simon's warehouse on the 14^th day from the date of the contract.But Larry could not make the pick up on that date and before he could do so on the 15^th day, the warehouse was burned down by miscreants.In this situation, who bears the risk of loss of the goods that were to be received by Larry?

Larry, a Merchant Seller, Had Contracted with Simon, to Buy