The Majlis Archive

Finance - Banking - Business The Majlis Vol 20 No 11, p.12

A man paid for a vehicle, but before taking possession of it, it was stolen.

Question

A man paid for a vehicle, but before taking possession of it, it was stolen. Who has to bear the loss?

Answer

Since the buyer had not taken possession yet of the vehicle, the seller (the owner) sustains the loss.

View on themajlis.co.za
Published in
The Majlis Vol 20 No 11
PDF page
12

Appears under FLYER MILES.

Was this page helpful?