When goods are under the possession of a bailee,the risk of loss passes to the buyer when ________.

Name: When goods are under the possession of a bailee,the risk of loss passes to the buyer when ________.
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Question

Quizplus · Accepted Answer

When the buyer receives a negotiable document of title covering the goods, it indicates that the bailee has acknowledged the buyer's right to possession of the goods. At this point, the risk of loss passes to the buyer, and the bailee is no longer responsible for any damage or loss that might occur.

When Goods Are Under the Possession of a Bailee,the Risk