As per the terms of the contract between a sugar cane factory and the farmers, the factory was to sent its own truck and to collect the sugar cane after the sale was completed. Sugar cane were cut and kept ready by the farmer. During the loading of the sugar cane, the sugar cane was destroyed by fire. Who of the following has to bear the loss after the sale?

Question

Examsnet · Accepted Answer

Correct Answer is :  Sugar cane factory

CA CPT Model Test Paper 11 with solutions for online practice