The UCC "Risk of Loss" Rules Assign the Loss According

question 68

True/False

The UCC "risk of loss" rules assign the loss according to who has ownership of the goods.

---

Definitions:

Surplus Materials

Excess resources or goods that are available after satisfying the planned demand or requirement.

Scrap Disposal

The process of removing, processing, and recycling waste materials generated during manufacturing or consumption.

Investment Return

The profit or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Segregation and Storage

The practice of keeping different types of materials or products separate, along with organizing and maintaining them in a designated area.