Under a Shipment Contract, the Risk of Loss Passes to the Buyer

question 32

True/False

Under a shipment contract, the risk of loss passes to the buyer when the seller places conforming goods in the possession of the carrier.

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Definitions:

Timbre

(TAM-burr) The distinctive quality of a sound that distinguishes it from other sounds of the same pitch and loudness.

Distinct Quality

A distinct quality refers to a characteristic or trait that sets something apart from others in a pronounced, clear way.

Incus

A small anvil-shaped bone in the middle ear, which plays a role in transmitting sound vibrations from the outer ear to the inner ear.

Stapes

A small bone in the middle ear that plays a key role in the process of hearing by transmitting sound vibrations to the inner ear.