Red's Roofing buys asphalt roofing tiles from Shingles,Inc. The parties agree that the tile will be shipped "F.O.B. Shingles's warehouse" to Red's Roofing location via Tristate Shipping Corporation. The tiles are lost in transit. The loss is suffered by

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F.O.B. stands for "free on board", which means that the seller (Shingles, Inc.) is responsible for the goods until they are loaded on the carrier (Tristate Shipping Corporation). Once the goods are loaded, the buyer (Red's Roofing) assumes the risk of loss or damage during transit. Therefore, the loss of the tiles is suffered by Red's Roofing, not Tristate Shipping or Shingles, Inc.

Red's Roofing Buys Asphalt Roofing Tiles from Shingles,Inc