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Lazur Corp. agreed to purchase 100 radios from Wizard Suppliers, Inc. Wizard is a wholesaler of small home appliances and Lazur is an appliance retailer. The contract required Wizard to ship the radios to Lazur by common carrier, “FOB Wizard Suppliers, Inc. Loading Dock.”Risk of loss for the radios during shipment to Lazur would be on A. Lazur, because title to the radios passes to Lazur at the time of shipment. B. Lazur, because the risk of loss passes when the radios are delivered to the carrier. C. Wizard, because the risk of loss passes only when Lazur receives the radios. D. Wizard, because it is a shipment contract. |