In a shipment contract, risk of loss remains with the seller until the goods are delivered to the buyer at the buyer's place of business.

Name: In a shipment contract, risk of loss remains with the seller until the goods are delivered to the buyer at the buyer's place of business.
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Question

Quizplus · Accepted Answer

In a shipment contract, the risk of loss passes to the buyer when the seller delivers the goods to the carrier, not when the goods reach the buyer's place of business.

In a Shipment Contract, Risk of Loss Remains with the Seller