Leo buys a Naturo-brand bicycle from his brother,Mike.Mike agrees to keep the bike at his house until Leo picks it up.During a storm,a tree falls from Ogden's yard onto Mike's garage and destroys the bike.The loss of the bike is suffered by
A)Leo.
B)Mike.
C)Naturo.
D)Ogden.

Question

Quizplus · Accepted Answer

The loss of the bike is suffered by Leo as he is the owner of the bike. Even though the bike was kept at Mike's house, the ownership was already transferred to Leo when he bought the bike from Mike. Therefore, Leo bears the risk of loss in this situation.

Leo Buys a Naturo-Brand Bicycle from His Brother,Mike