alleryAt an auction, the auctioneer's hammer damages an antique just before the bid is accepted. The loss falls on the:
ABidders jointly
BBuyer
CSeller, since ownership had not yet passed
DAuctioneer personally
Answer & 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.
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