Which of the following factors is most important in deciding who bears the risk of loss between merchants when goods are destroyed during shipment?

Question

Quizplus · Accepted Answer

The agreement between the parties is the most important factor in deciding who bears the risk of loss between merchants. This is because merchants have the freedom to negotiate and agree upon terms that suit their respective needs and interests. Therefore, the terms of the agreement will generally dictate which party bears the risk of loss, including who is responsible for insuring the goods and who is liable in the event of loss or damage during shipment.

Which of the Following Factors Is Most Important in Deciding