When the risk of loss passes is generally determined by

A) the passage of title to identified goods.
B) the acquisition of an insurable interest in specific goods.
C) the expression of a buyer or lessee's interest in obtaining certain goods.
D) the terms of a contract for a sale or lease of goods.

Risk Of Loss

The potential that an asset or investment will decrease in value or become entirely worthless.

Passage Of Title

The transfer of ownership rights from the seller to the buyer in a transaction.

Insurable Interest

A stake or financial interest in an item or person that allows the owner to purchase insurance against risks.