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Business, 02.07.2021 04:40 savannahvargas512

On March 7, a buyer and a seller execute a contract for the purchase of the seller's property. Closing is set for June 10. On April 15, the property is struck by lightning and destroyed by the resulting fire. If the Uniform Vendor and Purchaser Risk Act has been adopted by the state in which the property is located, which party bears liability for the loss?

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On March 7, a buyer and a seller execute a contract for the purchase of the seller's property. Closi...
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