Ed Entered into a Contract to Buy a Motorcycle from Hot

question 17

Essay

Ed entered into a contract to buy a motorcycle from Hot Rod Motorcycles Inc.He paid the purchase price of $1,200 and was given the papers necessary to register the motorcycle and get insurance on it.Ed registered the motorcycle but had not attached the license plates to it.He left on vacation and told the Hot Rod salesperson that he would pick up the motorcycle on his return.While Ed was on vacation,there was an electric power blackout in New York City and the motorcycle was stolen.Ed sued Hot Rod to get back his money.Will Hot Rod have to bear the risk of loss of the motorcycle?

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Definitions:

Thieves

Individuals who unlawfully take property or belongings from others.

Personal Information

Information related to an individual that can be used to identify, contact, or locate them.

Hard Drive

A data storage device used for storing and retrieving digital information using rapidly rotating disks coated with magnetic material.

Dispose Of

It refers to the act of getting rid of something, typically waste or items no longer needed.