On a Contract-"F

question 65

True/False

On a contract-"F.O.B. New York"-for a sale of almonds by a broker in California, the risk of loss passes to the buyer when conforming goods are placed in the possession of the carrier.

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Definitions:

Restatement (Third) Of Torts

A compilation by legal scholars summarizing the common law of torts in the United States, aiming to clarify principles and rules.

Strict Liability

A legal doctrine that holds an individual or entity responsible for their actions or products, regardless of fault or intent, particularly in cases of harm or damage.

Manufacturing Defect

A flaw or defect in a product that arises from a mistake in the manufacturing process, rendering it unsafe or unfit for its intended use.

Strict Liability

A legal principle where the defendant is liable for damages caused by their actions, regardless of fault or intent.