Which of the following is most important in determining who bears the risk of loss in a sale of goods contract?

Question

Quizplus · Accepted Answer

The agreement between the parties is the most important factor in determining who bears the risk of loss in a sale of goods contract. While shipping terms and possession of the goods may have some impact on this determination, ultimately it will come down to what the parties have agreed to in their contract. Similarly, while title to goods is important in determining ownership rights, it is not the determining factor in determining who bears the risk of loss.

Which of the Following Is Most Important in Determining Who