Identify/define and Explain the Significance of the Following: Darius

question 12

Essay

Identify/define and explain the significance of the following: Darius.

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Definitions:

Destination Contract

A contract for the sale of goods where the seller is required to ship the goods to a specific location and title passes to the buyer upon delivery at that location.

Risk of Loss

A legal term concerning who bears the responsibility for damage or loss of goods under a contract at any given point in a transaction.

Transit

The act or process of moving people or goods from one place to another.

Common Carrier

An entity that offers transportation services to the public under the license or authority provided by a regulatory body, obligated to serve without discrimination.