Buyer to bear loss after good have become his property. Rep. by s. 65, ibid. Varun Kumar Jha Varun Kumar Jha is a Legal Researcher and the founder of LLB Varun. The content is written and reviewed by Varun Kumar Jha, a dedicated legal author with an LL.B. background from Karnataka State Law University (KSLU). You can review and verify the statutory language directly within the Ministry of Home Affairs Official Gazette Document. 🌐 Connect: LinkedIn | Contact Editor. Related Articles Section 88 of Indian Contract Act Section 87 of Indian Contract Act Section 85 of Indian Contract Act