Seller sold and delivered goods to Buyer, who took possession. Buyer failed to pay for the goods and they were damaged in Buyer's possession. Buyer has the risk of loss.

Question

Quizplus · Accepted Answer

According to the doctrine of risk of loss, the buyer bears the risk of loss for goods once they take possession, even if they haven't paid for them yet. Therefore, in this situation, the buyer would be responsible for the damages to the goods.

Seller Sold and Delivered Goods to Buyer, Who Took Possession