Home Products Store buys furniture from Imperial Furniture,Inc.The par?ties agree that the furniture will be shipped "F.O.B.Imperial's warehouse" via Jiffy Shipping Corporation.The furniture is lost in transit.The loss is suffered by

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When shipping F.O.B. (free on board) from the seller's warehouse, the responsibility for the goods passes from the seller to the buyer once they leave the seller's warehouse. Therefore, in this scenario, Home Products bears the risk of loss since they took ownership of the furniture once it left Imperial Furniture's warehouse. Imperial Furniture is not responsible for the loss since they fulfilled their obligation by shipping the furniture as agreed. Jiffy Shipping Corporation may be liable for the loss if they were negligent in transporting the goods, but they are not automatically responsible since they were acting as a third-party carrier.

Home Products Store Buys Furniture from Imperial Furniture,Inc