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ohiosr ohiosr
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7 years ago
Jack and Reba purchased some furniture on a conditional sale contract. This couple carries no insurance on their household goods. The furniture is stolen one Sunday afternoon. Who will most likely take the loss?
a. the thieves, since this is a liability claim and they are to blame
b. the merchant, since they still hold title and have insurance covering their insurable interests
c. the state, since this is a criminal case
d. the bailee, since this is a bailment for value on the sale of goods
e. this couple, because the conditional sale contract gives them strict liability
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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7 years ago
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