When a buyer breaches a contract, the risk of loss immediately shifts to the buyer.

Question

Quizplus · Accepted Answer

According to the doctrine of anticipatory repudiation, when a buyer breaches a contract (either by indicating that they will not perform or by failing to perform), the risk of loss immediately shifts to the buyer. This means that the buyer is responsible for any loss or damage that occurs after the breach, even if it is caused by events outside of their control. Therefore, the statement is true.

When a Buyer Breaches a Contract, the Risk of Loss