Analyze Business Case 21-6, “Risk of Loss,” (Attached). Then, prepare a professional-caliber brief on the case. Based on the case information provided: State the facts of the case and the key issues.Cite the code or statute provisions applicable to the case.Determine which party in the transaction is liable for the loss, and explain your reasoning.Express your main points, arguments, concepts, and information coherently and logically. To support your brief: Explain when risk of loss passes from seller to buyer, as determined under the provisions of the UCC.Explain when a purchaser has an insurable interest in purchased goods, as determined under the provisions of the UCC. Additional Requirements Cover page: Include your name, the assignment number, and the assignment or case title.Length: 1–2 double-spaced pages, not including the cover page.Font and font size: Times New Roman, 12-point.APA formatting: Format resources and citations according to current APA guidelines.
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21–6. Risk of Loss.
Ethicon, Inc., a pharmaceutical com- pany, entered into an agreement with UPS Supply Chain Solutions,
Inc., to transport pharmaceuticals. Under a con- tract with a UPS subsidiary, Worldwide Dedicated
Services, Inc., (WDS), the drivers were provided by International Man- agement Services Co. (IMSCO).
During the transport of a shipment from Ethicon’s facility in Texas to buyers “F.O.B. Tennessee,” one of
the trucks collided with a concrete bar- rier near Little Rock, Arkansas, and caught fire, damaging the
goods. Who was liable for the loss? Why? [Royal & Sun Alli- ance Insurance, PLC v. International
Management Services Co., 703 F.3d 604 (2d Cir. 2013)] (See Risk of Loss.)
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