Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 3 Sifiso is a wild-bird seeds dealer. He keeps the seeds in large barrels. When he receives an order for seeds, he weighs the

image text in transcribed

QUESTION 3 Sifiso is a wild-bird seeds dealer. He keeps the seeds in large barrels. When he receives an order for seeds, he weighs the seeds and puts them into smaller bags. Maria buys two small bags of seeds and pays for them immediately. They agree that Sifiso will deliver the seeds on 15 June 2020. On 10 June 2020 after the smaller bags have been filled and weighed, a storm hits his area and neighbouring places, and the whole store is flooded, and all the contents damaged including two small bags of seeds which Maria bought. As a result, Sifiso fails to deliver the seeds as agreed but informs Maria of what transpired. Maria insists on the delivery of the seeds because of the damage that she will suffer as a result of not receiving the seeds. In the alternative, she demands that Sifiso refund her the money she has paid for the seeds. Discuss whether Sifiso or Maria will carry the risk (the loss of the seeds). (6)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Accounting Concepts Principles And Procedures Volume 1

Authors: Gregory Mostyn, Worthy And James

2nd Edition

0991423100, 978-0991423101

More Books

Students also viewed these Accounting questions

Question

How is small business management different from entrepreneurship?

Answered: 1 week ago