If the Goods That Are the Subject of a Sale

question 25

Multiple Choice

If the goods that are the subject of a sale are in the possession of a bailee and are to be delivered without being moved, when does the risk of loss pass to the buyer?

• A) At such time as the contract of sale was entered.
• B) At such time as the buyer receives the negotiable document of title.
• C) When the seller tenders a nonnegotiable document of title to the bailee.
• D) When the bailee is orally notified of the sale.

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Definitions:

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