Question
1. In a written contract, Seller agreed to deliver to Buyer 500 described chairs at $40 each F.O.B. Seller's place of business. The seller placed
1. In a written contract, Seller agreed to deliver to Buyer 500 described chairs at $40 each F.O.B. Seller's place of business. The seller placed the chairs on board a carrier on January 30. On February 2, the chairs while in transit were destroyed in a derailment of the carrier's railroad car.
In an action by Buyer against Seller for breach of contract, Buyer probably will:
a) succeed because the carrier will be deemed to be Seller's agent
b) succeed, because the risk of loss was on Seller
c) not succeed, because of the impossibility of performance
d) not succeed, because the risk of loss was on Buyer
Pick the best answer and explain your reasoning for each answer choice.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started