Asked by
Maridaliz Rodriguez
on Nov 27, 2024
Verified
Commercial Rents Corporation agrees to lease a pressure washer to Delivery Trucks Inc., which agrees to pick it up at E Street Warehouse. Before Delivery Trucks retrieves the washer, it is stolen. The loss is suffered by
A) Commercial Rents.
B) Delivery Trucks.
C) E Street Warehouse.
D) the thief.
Pressure Washer
A mechanical device that uses high-pressure water spray to clean surfaces, removing dirt, grime, and other materials.
Commercial Rents
Payments made for the use of commercial property, such as offices, shops, or industrial spaces.
- Understand the point at which the risk of loss is transferred in different situations concerning goods within a contractual agreement.
Verified Answer
EV
Learning Objectives
- Understand the point at which the risk of loss is transferred in different situations concerning goods within a contractual agreement.