Business Law Case Term Paper

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SCHOCK VS. RONDEROSS

This is a law case analysis based on determination of risk of loss of the buyer and seller. It uses only one reference.

This is a case of determining risk of loss under the heading of damage to or destruction of good. In this, the risk of loss is determined as who is to pay under a contract in the event that the goods have been subjected to damage. According to Article 2, Schock and Rondeross did not have shipment agreement except for the receipt that identified the goods as Schock's.

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In the absence of a shipment agreement the delivery place as well as the obligation for delivery does not lie in the hands of the seller. "Under the Revised Article 2, [2-612], the risk of loss passes to the buyer once the receipt is in the hands of the buyer."

Furthermore, under the heading of damage to or destruction of goods, once the buyer identified the goods, the damage or….....

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