Question: Mac Corporation needed to order computers for its employees. It placed an order with Mango, Inc. for 1 0 0 computers and for a total
Mac Corporation needed to order computers for its employees. It placed an order with Mango, Inc. for computers and for a total cost of $ Mac Corporation uses a company credit card to pay for the computers. The terms of the agreement referred to "terms included in the box with the computer" and also stated it was a destination contract. Mango, Inc. shipped the computers using FedEx and FedEx lost the shipment in transit.
Which parties have a security interest in the computers?
Which parties have an insurable interest in the computers?
Mac Corporation demands a refund for the computers and sues Orange, Inc. Who wins and how much?
When did the risk of loss transfer from Orange, Inc. to Mac Corporation?
What should the parties have done to protect the computers?
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