Ann boards her horse Blaze at Cora's Ranch. Ann sells the horse to Dan and tells Cora, "I sold Blaze to Dan." Cora says, "Okay." That night, Blaze is kicked in the head by another horse and dies. Who suffers the loss?
What will be an ideal response?
Dan suffers the loss of the horse. If a bailee¾in this problem, Cora¾holds goods for a seller and the goods are to be delivered without being moved, the risk of loss passes when the bailee acknowledges the buyer's right to possess the goods. Cora acknowledged Dan's right to possess Blaze when she said, "Ok," to Ann's informing her of the sale.
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