Which issues hinge on the timing of title passage to the buyer in an international sale of goods transaction?
• • Risk of loss: Transfer of title affects the parties’ rights in the event of total or partial loss and damage or destruction of the goods. • Rejection of goods: Once it has occurred, transfer of title may preclude the buyer from rejecting the goods despite valid complaints of quality, quantity or description. • Payment for goods: Once the buyer acquires title, the seller can sue the buyer for non-payment. • Rights of action: After acquiring title, the buyer can enforce its property rights against others through court action or otherwise.
