BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Risk prima facie passes with ownership: The owner of goods must bear the loss or damage of goods unless otherwise is agreed to. Under Section 26 of the Sale of Goods Act, unless otherwise agreed, the goods remain at the seller’s risk until property therein has passed to the buyer.

Detailed explanation-2: -Risk prime facie passes with property or ownership. Goods remain at seller’s risk, that means, any damage done to the goods are to be borne by the sellers. Was this answer helpful?

Detailed explanation-3: -Risk passes with property The general rule is that risk prima facie passes with the property. If the goods are lost or damaged by accident or otherwise, then, subject to certain exceptions, the loss falls on the person who is the owner at the time when the goods are lost or damaged.

Detailed explanation-4: -The risk in the property prima facie passes with the property, but if the parties to the contract agree to pass the risk on the property at some other level of transaction, then that is also possible, depending upon the terms of their contract.

Detailed explanation-5: -Risk prima facie passes with property.-Unless otherwise agreed, the goods remain at the seller’s risk until the property therein is transferred to the buyer, but when the property therein is transferred to the buyer, the goods are at the buyer’s risk whether delivery has been made or not: 1. Subs by Act 33 of 1963, s.