PROJECT 5.3s purpose is to introduce you to the problems of Risk and when Title passes. Your posts must remain on this topic. Off-topic posts cannot receive points. Q1: Jasmine Tea Products, Inc., in Spokane, Washington, sells various teas to Winco, headquartered in Boise, Idaho. Jasmines products are both common blends and custom blends. Great care by Jasmines goes into packaging and safe shipping by truck to Boise. However, during a winter blizzard, one shipment via truck transit is completely damage when the truck goes off the road due to icy conditions. (a) In its contract with Winco, Jasmine agreed to shipment contract terms. What are the consequences for the loss (i.e. whose loss is it?)? (b) Same facts, but in this case, in its contract with Winco, Jasmine agreed to destination contract terms. What are the consequences for the loss (i.e. whose loss is it?)? Quote from the textbook the relevant section(s) to support EACH of your answer(s). NO POINTS for this Category will be awarded without the appropriate, supporting quote(s). Your answers will be graded on their quality (QUALITATIVELY GRADED). CAUTION: Your posts must remain on-topic for full points. If your post(s) discuss matters not directly related to "problems of Risk and when Title passes," your post(s) will NOT score points. Q2: Battens Inc. offers its products of sailboat battens and other sailing products to both consumer and retailers. For retailers, however, it offers a 10% reduction in price. In August, Spartan Yachts Co., headquartered in Columbia, SC, approached Battens to inquire about a one-time purchase of 2,000 sail battens of various sizes which it specified in their offer. Battens agreed to the items but designated the contract as a F.O.B. Lexington Distribution Center in Lexington SC not Spartans location in Columbia. (Lexington is part of metropolitan Columbia). When the battens arrive, Spartan rejects them and informs Battens Inc., claiming that the battens do not conform to Spartans size requirements. A few hours later, the entire warehouse, including the shipment of battens, is destroyed in a fire In Lexington Distribution Center. Spartan does not pay the contract price. Review the rules on Risk of Loss as it falls on a party who breaches its contract. (a) If Battens sues, who wins? (b) Why? Or why not? Explain. Discuss ONLY risk of loss in this the situation. Quote from the textbook the relevant section(s) to support EACH of your answer(s). NO POINTS for this Category will be awarded without the appropriate, supporting quote(s). Your answers will be graded on their quality (QUALITATIVELY GRADED). (The phrase qualitatively graded means that a review of the students work will emphasize the ability to analyze facts, generate and organize ideas, defend opinions, make comparisons, draw inferences, evaluate arguments (read the questions accurately) and solve problems. Thus, to score points in projects that will be qualitatively graded, your posts must interpret, analyze, and evaluate the projects purpose and questions. It must through proper resources explain the evidential, conceptual, and contextual considerations upon which your judgment is based). CAUTION: Your posts must remain on-topic for full points. If your post(s) discuss matters not directly related to "problems of Risk and when Title passes," your post(s) will NOT score points.