Zeke, who sells lawn mowers, tells Stasio, a regular customer, about a special promotional campaign. On receipt
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Zeke, who sells lawn mowers, tells Stasio, a regular customer, about a special promotional campaign. On receipt of a $50 down payment, Zeke will sell Stasio a new Universal lawn mower for $200, even though it normally sells for $350. Zeke further tells Stasio that if Stasio does not like the performance of the lawn mower, he can return it within thirty days, and Zeke will refund the $50 down payment. Stasio pays the $50 and takes the mower. On the tenth day, the lawn mower is stolen through no fault of Stasio’s. Stasio calls Zeke and demands the return of his $50. Zeke claims that Stasio should suffer the risk of loss and that he still owes Zeke the remainder of the purchase price,$150.Discuss who is correct, Stasio or Zeke.
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Whether Zeke or Stasio is correct depends upon whether we are dealing with a sale on approval or a s...View the full answer
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