Risk of Loss and Horse Sales in Oklahoma: When does the risk of loss move from the Seller to the Buyer if the Seller is NOT considered a “Merchant” under Oklahoma law?

In my last blog, I shared with you a basic overview of how the risk of loss passes from a “Merchant” Seller to the Buyer in a horse purchase transaction. As promised, this blog will outline how the risk of loss passes to the Buyer when the Seller is NOT a “Merchant.” To review, as…

Risk of Loss and Horse Sales in Oklahoma: When does the risk of loss move from the Seller to the Buyer if the Seller is considered a “Merchant” under Oklahoma law?

As mentioned in my earlier blog post, in Oklahoma, selling horses is governed by statute and is considered a “sale of goods.” You may ask why does that matter? Well, it can matter for a number of reasons, but for the purposes of this blog post, it matters because risk of loss is treated differently…