In a Destination Contract,who Bears the Risk of Loss While

question 31

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)Both the buyer and seller,with the loss being apportioned 50% to the buyer and 50% to the seller
• D)Both the buyer and seller,with the loss being apportioned 75% to the buyer and 25% to the seller
• E)Both the buyer and seller,with the loss being apportioned 25% to the buyer and 75% to the seller

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Definitions:

Square Feet

A measurement of area equal to the area of a square with sides of one foot in length.

Gallons

A unit of volume for liquid measure in both the US customary units and the British imperial system, used to quantify fuel, milk, water, and other liquids.

Gasoline

A petroleum-derived liquid mixture used primarily as fuel in internal combustion engines.

Miles

A unit of distance equal to 5,280 feet or approximately 1.609 kilometers.