If the parties fail to specify how the risk of loss is to be allocated, the UCC states that the risk remains with the seller even after he/she has completed obligations under the contract.

Question

Quizplus · Accepted Answer

Under the UCC, if the risk of loss is not specified, it typically passes to the buyer once the seller has completed delivery obligations, unless the contract specifies otherwise.

If the Parties Fail to Specify How the Risk of Loss