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Question
According to the Uniform Commercial Code, which of the following statements is true of a destination contract?
A. A seller satisfies its obligation to ship goods once they are transferred to the shipper for transportation.
B. The risk of loss for damage to the goods remains with a seller until the goods safely arrive at a buyers destination.
C. If the purchased goods are damaged in transit, then a buyer is held responsible only if the buyer has paid the full amount for the purchased goods.
D. The risk of loss for damage to the goods is transferred to a buyer when a seller packages the goods for shipment.
E. A buyer assumes the risk of loss for damage to the goods from the point of sale till the goods reach the destination.
Answer
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