In a Destination Contract Who Bears the Risk of Loss

question 37

Multiple Choice

In a destination contract who bears the risk of loss while the goods are in transit?

• A) The seller
• B) The buyer
• C) The loss is proportioned 50% to the buyer and 50% to the seller
• D) The loss is proportioned 75% to the buyer and 25% to the seller
• E) The loss is proportioned 25% to the buyer and 75% to the seller

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Definitions:

Subjectiveness

The quality of being based on or influenced by personal feelings, tastes, or opinions rather than external facts.

Ethics

A branch of philosophy dealing with the principles of morality, defining what is good for individuals and society, and distinguishing right from wrong.

Opportunistic Theft

A crime motivated by the chance to steal without premeditation, due to the immediate availability of unguarded property.

Kickbacks

Payments made in return for a favor or service, often illicitly and in breach of trust.