CHAPTER 22

CHAPTER 22 - CHAPTER SUMMARY Performance by the Seller...

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CHAPTER SUMMARY Performance by the Seller Tender of Delivery the seller makes available to the buyer goods conforming to the contract and so notifies the buyer Buyer is obligated to accept conforming goods Seller is entitled to receive payment of the contract price Time and Manner of Tender tender must be made at a reasonable time and kept open for a reasonable period of time Place of Tender if none is specified, place for delivery is the seller’s place of business or, if he has no such place, his residence Shipment Contracts seller is required to tender delivery of the goods to a carrier for delivery to buyer; shipment terms include the following: F.O.B. place of shipment, . Destination Contracts seller is required to tender delivery of the goods at a named destination; destination terms include the following: F.O.B. place of destination; ex-ship; no arrival, no sale Mann CH 22- 1
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Goods Held by Bailee seller must either tender to the buyer a document of title or obtain an acknowledgment from the bailee Perfect Tender Rule the seller’s tender of performance
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CHAPTER 22 - CHAPTER SUMMARY Performance by the Seller...

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