47-2510. Effect of breach on risk of loss
A. Where a tender or delivery of goods so fails to conform to the contract as to give a right of rejection the risk of their loss remains on the seller until cure or acceptance.
B. Where the buyer rightfully revokes acceptance he may to the extent of any deficiency in his effective insurance coverage treat the risk of loss as having rested on the seller from the beginning.
C. Where the buyer as to conforming goods already identified to the contract for sale repudiates or is otherwise in breach before risk of their loss has passed to him, the seller may to the extent of any deficiency in his effective insurance coverage treat the risk of loss as resting on the buyer for a commercially reasonable time.
Section: Previous 47-2503 47-2504 47-2505 47-2506 47-2507 47-2508 47-2509 47-2510 47-2511 47-2512 47-2513 47-2514 47-2515 47-2601 47-2602 NextLast modified: October 13, 2016