In a Destination Contract, Risk of Loss Passes to the Buyer

question 57

True/False

In a destination contract, risk of loss passes to the buyer or lessee when the goods are delivered to the carrier.

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Definitions:

Founded

Established or initiated something, such as an organization, company, or institution, at a certain point in time.

Quebec City

The capital city of the Canadian province of Quebec, known for its rich history and French cultural heritage.

Professionalization

Occurs to the degree that certain levels and types of schooling are established as criteria for gaining access to an occupation.

Occupational Inflation

The devaluation of job titles and qualifications as more individuals enter certain professions, leading to increased requirements for the same positions.