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Has title transferred to the buyer

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Question: Tim signed a contract with a supplier of oranges. The contract provides that oranges would be delivered to New York (FOB port of Miami). The oranges were shipped to New York and the bill of lading sent to Tim. However, it was learnt that ship caught fire close to New York harbor and most of the oranges were destroyed, Who will be responsible for the risk of loss? Has title transferred to the buyer?

 

 

Reference no: EM133572910

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