PROJECT 5.3’s purpose is to introduce you to the problems of Risk and when Title passes. Your posts must remain on this topic. Off-topic posts cannot receive points.
Q1: JoeBob Truck Parts, Inc., in Austin sells certain material to Detailer “R” Stores in Omaha, Nebraska. JoeBob Truck Parts packs the parts and ships it by semi-tractor trailer to Detailer “R.” In transit across Oklahoma, a storm wrecks the tractor-trailer and scatters and shreds the truck parts across miles of bean-fields.
- What are the consequences if Detailer “R” bore the risk of loss?
- What are the consequences if JoeBob Truck Parts bore the risk of loss?
- Cite ONLY your textbook for support and explain how your source’s information applies. Cheeseman, H.R. Business Law (11th Edition). Pearson, 2021
- Your answers will be graded on their quality (QUALITATIVELY GRADED).
CAUTION: Your posts must remain on-topic for full points. If your post(s) discuss matters not directly related to “problems of Risk and when Title passes