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Q&A: Risk of loss business law?
Published April 9, 2011
Question by maddmagic14: Risk of loss business law?
. Beta, who owns a business selling computers and computer accessories, tenders delivery of the hard drives to Alpha. Alpha says that it cannot take possession immediately but will do so later in the day. Before Alpha takes possession, the goods are destroyed in a fire. The risk of loss:
a. passed to Alpha at the time the contract was formed
b. passed to Alpha on Beta’s tender of delivery
c. remained with Beta, because Alpha had not yet taken possession
d. remained with Beta, because title had not yet passed to Alpha
Best answer:
Answer by Rounder
d
Add your own answer in the comments!
Posted in Music Contract Information | Tagged business, Loss, Risk