In a destination contract the risk of loss passes from the seller to the buyer when the seller tenders the goods to the buyer at the destination point. TRUE FALSE

Question 1

In a destination contract the risk of loss passes from the seller to the buyer when the seller tenders the goods to the buyer at the destination point.

TRUE

FALSE

Question 2

Steve was discharged by impossibility when the doors were destroyed by lightning during transportation to Bill.

TRUE

FALSE

Question 3

The term "Free on Board (FOB)" can denote a shipment or destination contract depending on the stated location in the term.

TRUE

FALSE

Question 4

UCC Section 5-509 states that when the goods are neither shipped by a carrier nor held by a bailee, the risk of loss passes to the buyer on his receipt of the goods if the seller is a merchant.

TRUE

FALSE