Roadtrip County Fairs Corporation orders from Stuffed Animal Sales,Inc.,goods that are stored in a Toy Box Maxi-Storage warehouse.Roadtrip pays for the goods,delivery is via the transfer of a negotiable warehouse receipt,and Roadtrip moves the goods out of the warehouse.The risk of loss passes to the buyer when it

Question

Quizplus · Accepted Answer

The risk of loss passes to the buyer when they receive the negotiable warehouse receipt, as it signifies the transfer of ownership and control over the goods.

Roadtrip County Fairs Corporation Orders from Stuffed Animal Sales,Inc