Question

In a concluded sale, If goods are destroyed, loss is to be faced by_________________ (a) Seller (b) Buyer (c) Carrier (d) Seller’s agent

Answer 1

sellers agent would get loss

Answer 2

Answer:

The correct option is (b) Buyer

Explanation:

The Goods exist damaged after Sale. The Risk exists to be borne by the buyer only. After the sale of the goods, the owner of the goods exists as the buyer. Therefore, if the goods get destroyed after the sale, the risk exists to be paid by the buyer.

A sale exists concluded when there is a transfer of property from seller to buyer for the relation of cash or promise for the same.

Therefore, The correct option is (b) Buyer.

In a concluded sale, If goods exist destroyed, defeat exists to be faced by the buyer.