Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Ch 16 Dynamic for Reflection

Ch 16 Dynamic for Reflection

Q Crowley, a building contractor, ordered 500 bags of cement from Litvak Building Supply. It was agreed that Litvak would deliver to a building site and title would pass when delivery was made. Before the bags of cement could be loaded on the delivery truck, a train derailment destroyed much of the company inventory. Who would bear this loss? Is delivery a condition precedent? Did title pass when ordered, or when delivered? Crowley, a building contractor, ordered 500 bags of cement from Litvak Building Supply. It was agreed that Litvak would deliver to a building site and title would pass when delivery was made. Before the bags of cement could be loaded on the delivery truck, a train derailment destroyed much of the company inventory. Who would bear this loss? Is delivery a condition precedent? Did title pass when ordered, or when delivered?

View Related Questions

Solution Preview

I think that in this case, there is the requirement of the consideration of Certificate of Title. This is because of the aspect that the Certificate of Title is a valid legal evidence in order for a person to claim the possession and the ownership of a particular thing. The Certificate of Title is a person’s intangible right for claiming ownership and possession of a particular thing. The valid legal and ethical timing of passing of the title from one person to another is when the title is intended to be passed from one person to another by a mutual decision made by both parties in a contract.