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…

Horse sales in Oklahoma

In Oklahoma, selling a horse is considered to be a "sale of goods" and is governed by statute.  This is true whether you have a written sales contract or just an oral agreement.  For purposes of this blog post, I am using agreement and contract interchangeably. Oklahoma Statutes Title 12A: Uniform Commercial Code Things to consider…