At an auction, the auctioneer's hammer damages an antique just before the bid is accepted. The loss falls on the:
- Bidders jointly
- Buyer
- Seller, since ownership had not yet passed
- Auctioneer personally
Show answer and solution
Correct answer: C. Seller, since ownership had not yet passed
Property had not passed (the bid was not yet accepted), so the seller, as owner, bears the loss under the rule that risk follows ownership.