Quote:
Originally Posted by Peter_Spaeth
So if an instant after the deal was done Dan's house had burned down and the card with it, Eric would have been out of luck because he was now the owner? No, because Dan still had title according to the law, until he completed his obligations with respect to shipping.
Section 2-401(2) of the UCC provides that “title passes to the buyer at the time and place at which seller completes his performance with reference to the physical delivery of the goods.”
But all that, to me, is beside the point.
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I said "I disagree", not the law disagrees. I'm glad to know the UCC (and therefore most states) agrees with the OP, but as many have already said, the legality is hardly the issue here. And based on your last statement (But all that, to me, is beside the point) I think you and I agree morally.