Conrad bought a satellite radio from SX Company "on approval." The risk of loss passed to Conrad when he took possession of the radio .

Name: Conrad bought a satellite radio from SX Company "on approval." The risk of loss passed to Conrad when he took possession of the radio .
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Question

Quizplus · Accepted Answer

The risk of loss in a sale "on approval" passes to the buyer only after they have approved or accepted the goods, not merely upon taking possession.

Conrad Bought a Satellite Radio from SX Company "On Approval