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The seller may be obligated to: Transport goods to the buyer's destination. Transport at the seller's own expense. Tender the goods at the buyer's destination.
At this point, you should be able to explain and apply the statute of frauds under § 2-201, in particular that: (i) it applies to contracts for the sale of goods of $500 or more; (ii) when applicable, it requires a writing signed by the party against whom enforcement is sought; and (iii) the writing is sufficient to
In a shipment contract, the seller has four duties: (1) to deliver the goods to a carrier; (2) to deliver the goods with a reasonable contract for their transportation; (3) to deliver them with proper documentation for the buyer; and (4) to promptly notify the buyer of the shipment (UCC, Section 2-504).
Under Article 2 of the Uniform Commercial Code, when dealing with the sale of goods, the perfect tender rule states that a buyer is permitted to reject goods shipped or delivered to it from a seller if the seller's tender of the goods is in some way not perfect.
Essential duties listed on a Seller example resume are identifying potential customers, maintaining relationships with existing clients, making cold calls, handling correspondence, closing sales, negotiating agreements, promoting special offers, and attending team meetings.
Buyer's Obligations The characteristics of an international sale of goods contract consists of the obligation of the seller delivering the goods and transfer the property in the goods to the buyer, which for its part agrees to pay the price for the goods and take delivery of them.
THE PERFECT TENDER RULE: UCC requires that sellers and lessors tender conforming goods to the buyer or lessee. requires that the seller/lessor have and hold conforming goods at the disposal of the buyer/lessee and give the buyer/lessee reasonable notification to enable him or her to take delivery.
Under the perfect tender rule, the seller must supply the buyer with goods that conform perfectly to the buyer's demands in order to trigger the buyer's obligation to accept the goods and pay for them.
The seller's obligation under the UCC is to make a timely delivery of conforming goods. For each element of the dutytimely, delivery, conforming goodsthe parties may agree in their contract. If they do not, the UCC fills in default rules.
Under the UCC, the primary obligation of a buyer of goods is to pay for the goods. The general rule is that the buyer must accept and pay for the goods when the seller has deliveredor, to use more technical language, tendered delivery ofthe goods.