Real Foods Corporation orders from Savory Company goods that are stored in an Uptown,Inc.,warehouse.Real Foods pays for the goods,delivery is via the transfer of a negotiable warehouse receipt,and Real Foods moves the goods out of the warehouse.The risk of loss passes to Real Foods when it

Question

Quizplus · Accepted Answer

The risk of loss passes to Real Foods when it receives the negotiable warehouse receipt, as this indicates the transfer of ownership and control over the goods.

Real Foods Corporation Orders from Savory Company Goods That Are