When a buyer breaches a sales contract, the risk of loss remains with the seller to the extent of any deficiency in the buyer's insurance coverage.

Name: When a buyer breaches a sales contract, the risk of loss remains with the seller to the extent of any deficiency in the buyer's insurance coverage.
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

When a buyer breaches a sales contract, the risk of loss immediately shifts to the buyer for goods which have been identified to the contract, regardless of the buyer's insurance coverage.

When a Buyer Breaches a Sales Contract, the Risk of Loss