2.509 – RISK OF LOSS IN THE ABSENCE OF BREACH. (a) Where
Texas Business and Commerce Code § 2.509
Summary
This law outlines when the risk of loss for goods transfers from the seller to the buyer during shipping. It applies to contracts where goods are shipped by a carrier, specifying conditions under which the buyer assumes risk, particularly when no specific delivery destination is required.
Risk of loss transfers upon delivery to the carrier.
Applies when no specific destination is required.
Seller's obligations may affect risk transfer timing.
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In simple terms: Learn about Texas's RISK OF LOSS IN THE ABSENCE OF BREACH. (a) Where law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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