A oontraet hetween Kwik Import Company in Los Angeles and Macro Retail Corporation in New York does not expressly state which party hears the risk of loss but says only that Kwik is "to ship goods at the seller's expense.\" At what point does the risk of loss of the goods pass from the seller to the buyer? ANSWER: All contracts are assumed to he shipment contracts unless they state otherwise. Thus, in this question, the risk of less passes when Kwik {the seller) puts the goods into a carrier's hands. This is the same result as if delivery were expressly stated to he "FEB. Les Angeles.\" Fer the risk of less to remain with a seller beyond this point, the seller must expressly agree, for example, to deliver goods to a particular destination. Thus, if delivery were \"F..B. New York,\" the risk would pass when the goods would arrive in New York. PAGES: 422 r. 421L430 TYPE: = NAT: AACSB Reective MCPA Decision Modeling