Yossuf is a carpenter who manufactures furniture.Among other things, he specializes in carving chairs out of a single block of wood.He then personalizes each chair by carving the owner's name into the backrest.Yossuf's store contains a number of such chairs.Krystelle saw the chairs, was impressed, and agreed to buy one for $1500.Unfortunately, Yossuf's entire stock of chairs was destroyed in a fire before Krystelle could take possession of her chair.Which of the following statements is TRUE?
A) Krystelle will be required to pay the price as long as Yossuf intended to carve her name into a particular chair before the fire occurred.
B) Krystelle is entitled to recover any money that she paid to Yossuf as part of the price.
C) The facts demonstrate that the parties' contract contained a "retention of title clause."
D) This case will be decided under Rule 4.
E) Because the parties agreed on the price at the outset, the risk passed to Krystelle as soon as the contract was created.
Correct Answer:
Verified
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