Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sally agrees to sell a used sofa to Benny for $700. Benny pays, and Sally tells him to come over and pick up the sofa

Sally agrees to sell a used sofa to Benny for $700. Benny pays, and Sally tells him to come over and pick up the sofa on Saturday. Due to his work schedule, Benny waits until Monday to pick up the sofa. Meanwhile, the sofa is stolen from Sally's home on Saturday night. Who bears the loss? Assume we have neither a shipment nor destination contract and that Sally has never sold a sofa before.

A.

Both Sally & Benny

B.

Sally

C.

Benny

D.

Neither Sally nor Ben

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions