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W6 When will risk of loss pass from the seller to the buyer under each of the following contracts. assuming the parties have not expressly
W6 When will risk of loss pass from the seller to the buyer under each of the following contracts. assuming the parties have not expressly agreed on when risk of loss would pass? (a) A New York seller contracts with a San Francisco buyer to ship goods to the buyer F.O.B. San Francisco. 1. What kind of contract is this (Shipping or Destination?) 2. Who would bear the risk of loss if goods are destroyed during shipment? I (b) A New York seller contracts with a San Francisco buyer to ship goods to the buyer in San Francisco. There is no indication as to whether the shipment will F.0.B. New York or F.O.B. San Francisco. 1. What kind of contract is this (Shipping or Destination?) 2. Who would bear the risk of loss if goods are destroyed during shipment? to} A merchant contracts with a buyer to sell goods located on the seller's premises. The buyer for the goods arranges to pick them up next week a the seller's place of business. 1. Who would bear the risk of loss if goods are destroyed while being stored? W7 Charlie. a student, contracts to buy a television set from Ted's Electronics. Under the terms oftt'e contract. Charlie is to try out the set for thirty days, and if he likes it, he is to pay for the set at the end of the thirty-day period. If he does not want to purchase the set after thirty days, he can retum the TV to Ted's Electronics with no obligation. Ten days after Chartie takes the set home, it is stolen from his apartment, although he was not negligent in its care of the set in any way. Ted's Electronics claims that Charlie must pay for the stolen set. Who bears the risk of loss?>>
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