In a Shipment Contract, Risk of Loss Does Not Pass

question 17

True/False

In a shipment contract, risk of loss does not pass from the seller to the buyer until the buyer receives the goods.

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Definitions:

Wound Armature

A component in electrical machines consisting of coils wound around an iron core, which rotates in a magnetic field to induce electromotive force.

Brushes

Sliding contacts, generally made of carbon, used to provide connection to rotating parts of machines.

Field Winding

The winding of a coil around an electromagnet's core, which creates a magnetic field when an electric current passes through it.

Armature

The rotating part of an electric generator or motor that interacts with the magnetic field to produce electrical power or mechanical torque.