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thomas leisure cruises, located in seattle, purchases seventeen pontoons from harbor boat company, located in san francisco, for $25,000 each, fob san francisco. harbor boat company places the pontoons on a train in san francisco for shipment to seattle. while traveling to seattle, the train is involved in an accident with a school bus, and the pontoons are destroyed. who bears the risk of loss?



Answer :

ogorwyne

Thomas Leisure and the harbor boat company are the two parties that would have to share the risks of this loss.

What is a risk in business?

Business risk is the potential for a firm or organization to have lower earnings or failure. A business risk is anything that compromises a company's capacity to meet its financial objectives. Numerous variables may combine to produce business risk. A corporation's top management or leadership may occasionally bring about circumstances that expose a company to higher levels of risk.

Who bears the risk in a business?

Risk distribution between the parties after the agreement's conclusion for target company flaws. the person who is ultimately responsible for making sure the risk is handled properly. There may be several employees who work together with the accountable risk owner to manage risks and who have direct responsibility for or oversight of activities to manage each identified risk. Hence both parties would bear the risk.

Read more on risks in business here: https://brainly.com/question/12346286

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