Slick Floor Stores buys tile from Smooth Tile Corporation. Snug Storage holds the tile in a warehouse. The tile is delivered to Retail by the transfer of a negotiable warehouse receipt. A fire later damages the tile. The loss is suffered by
a. not Slick, Smooth, or Snug.
b. Slick.
c. Smooth.
d. Snug.
Answer: b. Slick
Business Law
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