You-Cut-Um shop purchased 200 Lion lawnmowers from M&N Mower. You-Cut-Um is located in Iowa and M&N is based in Tennessee. The purchase order states F.O.B. Iowa. The contract makes no mention of risk of loss or title. Under the UCC, You-Cut-Um will have an insurable interest in the mowers:
a. when it receives the mowers at the destination.
b. when the mowers are identified.
c. when it creates the shipment contract with M&N.
d. when it receives title for the mowers.
b
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