The ABC Company, a buyer and Walton, Inc., the seller, contr…

The ABC Company, a buyer and Walton, Inc., the seller, contract for the sale of 1,000 laptop computers, currently in Walton’s possession. The contract says F.O.B. Walton’s warehouse. Walton gives the computers to UPS and sends them to ABC. While on route, the truck is engaged in an accident and the computers are destroyed. Who bears the risk of loss? Assume that the UCC governs the matter.

The state of Florida has just passed a law requiring that or…

The state of Florida has just passed a law requiring that oranges shipped into the state from growers located outside of the state meet certain minimum size requirements. The size requirements do not apply to oranges grown in Florida. The new Florida statute is: