Question

____________ contract for the sale of goods in which the seller is required or authorized to ship the goods by carrier and tender delivery of the goods at a particular destination. The seller assumes liability for any losses or damage to the goods until they are tendered at the destination specified in the contract.

Answer 1

Answer: Destination Contract.

Explanation:

Destination Contract is a contract for the sale of goods, in which the seller is required or authorized to ship the goods by carrier and tender delivery of the goods at a particular destination.

The seller assumes liability for any losses or damage to the goods until they are tendered at the destination specified in the contract.

The seller bears the risk of loss until he completes his delivery requirements as stated under the destination contract. If the goods are destroyed or damaged while in transit to buyer, the seller bears the loss.

After the delivery company has delivered the goods at the buyer’s location, then the seller is no longer liable for any damages after that.