Opinion ID: 488084
Heading Depth: 2
Heading Rank: 2

Heading: Petrosol/Commonwealth Transactions

Text: 27 The District Court found that the Sales Acknowledgments between Petrosol and Commonwealth also contained a contrary agreement within the meaning of section 1302.53(D), which shifted the risk of loss to Petrosol. Unlike the Purchase Acknowledgments, the Sales Acknowledgments did make specific reference to the passage of risk of loss. Paragraph 5 of these forms stated: 28 Title to products delivered shall pass to Buyer upon completion of loading the same into tank trucks, upon delivery of products in a tank car to carrier, upon delivery thereof in a tank truck furnished by Seller alongside Buyer's storage facilities at destination, or as stipulated on the face hereof, as the case may be. Thereafter Buyer shall bear all risk of and be solely liable for any loss or damage caused by or attributable to said products, or to their transportation, care, handling, resale or use. 29