Question
There are several common methods to determine who will bear the responsibility for goods in transit (and therefore the risk if the goods are damaged
There are several common methods to determine who will bear the responsibility for goods in transit (and therefore the risk if the goods are damaged or destroyed). In a cash on delivery contract,
a)the buyer assumes all responsibility once the goods leave the seller's place of business.
b)the parties specifically state the point at which the responsibility is passed from the seller to the buyer.
c)the seller assumes all responsibility until the goods are delivered to the buyer and paid for.
d)The buyer and seller are jointly responsible for the goods until the goods are at the halfway point between the seller's place of business and the buyer's.
e)the party responsible for the costs and insurance in transit assumes all responsibility
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