Revocation of nonconforming goods allows the buyer to pass the risk of loss back to the seller,but only to the extent that the buyer's insurance covers the loss.

Question

Quizplus · Accepted Answer

The statement is false. Revocation of nonconforming goods allows the buyer to return the goods and receive a refund or replacement, but it does not necessarily shift the risk of loss back to the seller. The risk of loss depends on the terms of the contract between the buyer and seller, as well as applicable legal rules. Insurance coverage may or may not apply, depending on the circumstances.

Revocation of Nonconforming Goods Allows the Buyer to Pass the Risk