Big Wheel Sports Center - Risk of Loss
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In June, Ramos entered into a contract to buy a motorcycle from Big Wheel Sports Center. He paid the purchase price of $893 and was given the papers necessary to register the cycle and get insurance on it. Ramos registered the cycle but had not attached the license plates to it. He left on vacation and told the salesperson for Big Wheel Sports Center that he would pick up the cycle on his return. While Ramos was on vacation, there was an electric power blackout in New York City and the cycle was stolen by looters. Ramos then sued Big Wheel Sports Center to get back his $893. Did Big Wheel Sports Center have the risk of loss of the motorcycle?
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The expert examines the Big Wheel Sports Center risk of loss.
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Big Wheels Sports Center did not have the risk of loss of the motorcycle due to the fact that upon entering the contract to purchase the motorcycle, ...
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