If the Seller Has a Negotiable Document of Title in a Goods-In-Bailment

question 50

Multiple Choice

If the seller has a negotiable document of title in a goods-in-bailment contract,when does risk of loss transfer from the seller to the buyer?

• A)When the bailee is notified of the transfer of title
• B)When the negotiable instrument is endorsed over to the buyer
• C)When a reasonable time has elapsed since the transfer of title
• D)When the bailee is notified of the transfer of title and acknowledges the notification
• E)When the goods are identified to the contract

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