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Which of the following is NOT true about the risk of loss (ROL)? ROL is based on who possesses the goods ROL is usually not

Which of the following is NOT true about the risk of loss (ROL)?

  • ROL is based on who possesses the goods
  • ROL is usually not determinable
  • A person can bear the ROL without owning the property
  • ROL is important in determining the insurability of goods
  • ROL is determined by who has the title to the goods

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