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Posted: May 5th, 2024
BUSINESS L 110 If a buyer repudiates a contract for identified, conforming goods
If a buyer repudiates a contract for identified, conforming goods before risk of loss has passed to the buyer:Select one:a. The buyer is liable for a commercially reasonable time for any damage to the goods that is not covered by the seller's insuranceb. The seller is liable for a commercially reasonable time for any loss or damage to the goodsc. The buyer and the seller must share in the loss equallyd. The buyer is liable for a commercially reasonable time for any loss or damage to the goods that is not covered by the buyer's insurance
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