With a simple delivery contract involving goods sold by a merchant that are to be delivered to the buyer,when does risk of loss transfer to the buyer?
A)When money is transferred from the buyer to the seller
B)When the items are tendered to the buyer
C)When the goods are delivered to the buyer
D)Three days (seventy-two hours)after the goods are identified to the contract
E)When the goods are identified to the contract

Question

Quizplus · Accepted Answer

According to the Uniform Commercial Code,with a simple delivery contract involving goods sold by a merchant that are to be delivered to the buyer,the risk of loss remains with the seller until the goods are actually delivered to the buyer.

With a Simple Delivery Contract Involving Goods Sold by a Merchant