Periculum rei venditae, nondum traditae, est emptoris

Periculum rei venditae, nondum traditae, est emptoris
The risk of a thing sold, but not yet delivered, is that of the buyer.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • risk — n 1 a: possibility of loss or injury b: liability for loss or injury if it occurs the risk of loss passes to the buyer when the goods are duly delivered to the carrier Uniform Commercial Code the risk of personal injury and property damage should …   Law dictionary

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