Answers to in-class group assignment- UCC Passage of Title and Risk of Loss

UCC Passage of Title and Risk of Loss

Type of Delivery	Title Passes	Risk of Loss Passes
"Carrier Cases" = seller to deliver goods using a common carrier "Shipment" = delivery to carrier at Seller's place of business Shipment = Title passes when seller properly completes physical delivery to carrier Same as Title "Destination"= delivery by seller to some remote location Destination = Title passes when goods are physically delivered to the location required (by seller or agent) Same as Title
"Bailee Cases" = goods sold are in possession of a bailee and seller has no obligation to deliver Negotiable Document of Title Title to goods passes with document. Own document = own goods Same as Title Non-negotiable Document of Title Title to goods passes with document. When: (1) Buyer has the document, and (2) a reasonable time to present document passes OR as below No document of title When contract is made, or goods are identified to the contract, whichever is later When Bailee acknowledges Buyer's right to the goods
All Other Situations	Title passes when contract is made or goods are identified to the contract, whichever is later	If Seller is a "merchant" = Risk passes on physical receipt by the Buyer (wherever) If Seller is NOT a "merchant" = Risk passes when delivery "tendered" to the Buyer (wherever)