When goods are held by a bailee, risk of loss cannot pass to a buyer.

Name: When goods are held by a bailee, risk of loss cannot pass to a buyer.
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Question

Quizplus · Accepted Answer

The risk of loss can pass to the buyer when goods are held by a bailee if the buyer receives a negotiable document of title, the bailee acknowledges the buyer's right to possession, or the buyer receives a non-negotiable document of title and has had a reasonable time to present it to the bailee.

When Goods Are Held by a Bailee, Risk of Loss