Question
Ross Plants Wholesalers contracts with Bi-Mart, Inc. for the sale of 24 pallets of fresh herbs and shrubs, to be delivered f.o.b. to Bi-Mart in
Ross Plants Wholesalers contracts with Bi-Mart, Inc. for the sale of 24 pallets of fresh herbs and shrubs, to be delivered f.o.b. to Bi-Mart in Emmett, Idaho. The 24 pallets are identified and put on a receiving dock. Before the shipper, Express Trucking, can pick them up and sign appropriate documentation, a fire destroys the plants, causing a total loss. In this case, Ross Plants bears the risk of loss.
true
false
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False In contracts involving the sale of goods the point at which the risk of loss passes from the s...
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
