If the bailee refuses to honor a document of title or other direction to deliver, the risk of loss remains on the buyer.

Name: If the bailee refuses to honor a document of title or other direction to deliver, the risk of loss remains on the buyer.
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

When a bailee refuses to honor a document of title or other direction to deliver, the risk of loss generally remains with the seller or the bailee, depending on the terms of the contract and the reason for the refusal, not automatically with the buyer.

If the Bailee Refuses to Honor a Document of Title