Peter Woods walked into an electronics store and said, pointing to a particular television, Ill take that one. The salesperson wrote up the deal, and Peter was to return the next day to pay for the television and pick it up. Later the same day, Peter walked into a new-car lot, pointed to a specific car, and said, Ill take that one. Nigel Perks, the operator of the car lot, explained that a certain amount of pre-delivery preparation had to take place before the car could be delivered, and that it would be ready for the purchaser two days later. It was agreed that the purchase price would be paid at that time.

Required: Explain who bears the risk in each of the situations between the time the agreement is made and when Peter receives the goods.