Mr X placed an online order with Mr y vendor of vacuum cleaner but even after 10 days in the product was not delivered on enquiry he comes to know that it was delivery at the wrong address identify the risk involved in it

Dear student,

The risk involved is that of transaction risk.
Online transaction are vulnerable of transaction risk. It involves following risks:
i) Default on order taking / giving ; here seller denies that consumer has ever placed order or consumer denies that he ever placed order.
ii) Default on delivery: here delivery of goods doesn't takes place, or delivery takes place at wrong or delivery of wrong product takes place.
iii) Default on payment: here seller claim to have not received payment or buyer claim to have made full payment.

Regards

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