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Question

In an agreement to sell, where goods lie with the Buyer, the risk of loss of goods remains with __________.

A
either buyer or seller
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B
buyer only
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C
seller only
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D
buyer and seller to the extent of their shares
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Solution

The correct option is C seller only
In an agreement to sell, where goods lie with the Buyer, the risk of loss of goods remains with seller only.When under a contract, the property in goods is transferred from the seller to the buyer, contract is called an agreement to sell. In an Agreement to Sell, the property in goods is transferred in present.

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