TRANSFER OF RISK FROM ACCIDENTAL LOSS OR DAMAGE TO THE SUBJECT IN CONTRACTS FOR SALE

Abstract

In the contract for sale in practice the most important issues are related to transfer of risk and appearance of costs. The transfer of risk is important because it determines the moment the risk from accidental loss or damage to the subject in contracts for sale from the seller passes to the buyer. Transfer of risk primarily is a practical question and regulated with national and international law.

Key words: practical question, moment, buyer, seller