Oklahoma Notice by Seller Regarding Request for Extension of Time to Effect Cure of Improper Tender of Goods

State:
Multi-State
Control #:
US-13330BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a request from a seller to a buyer for an extension of time to cure the improper tender of goods that have been delivered.

How to fill out Notice By Seller Regarding Request For Extension Of Time To Effect Cure Of Improper Tender Of Goods?

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FAQ

In the absence of an express or fixed time established by the parties to an agreement or contract (especially one that falls under the purview of the UNIFORM COMMERCIAL CODE UCC), any time which is not manifestly unreasonable under the circumstances.

If the seller/lesser refuses to deliver the goods or the buyer/lessee has rightfully rejected the goods, the buyer/lessee can cancel (rescind) the contract, obtain goods that have been paid for if the seller or lesser is insolvent, sue to obtain specific performance if the goods are unique or damages are an inadequate

"Curing" Defective Goods A key section of the UCC gives a seller the right to cure goods delivered to a buyer that are defective or non-conforming. In other words, if a seller delivers goods that don't match the contract, and the buyer rejects those goods, the UCC gives the seller an opportunity to fix the problem.

(2) Revocation of acceptance must occur within a reasonable time after the buyer discovers or should have discovered the ground for it and before any substantial change in condition of the goods which is not caused by their own defects. It is not effective until the buyer notifies the seller of it.

UCC § 2-608 provides that after a buyer has accepted goods, the acceptance may be revoked under the following circumstances: "(1) The buyer may revoke his acceptance of a lot or commercial unit whose non-conformity substantially impairs its value to him if he has accepted it (a) on the reasonable assumption that its

Whoever makes an offer can revoke it as long as it hasn't yet been accepted. This means that if you make an offer and the other party wants some time to think it through, or makes a counteroffer with changed terms, you can revoke your original offer.

(2)fffdfffdfffdfffd if the buyer has breached the contract but is not insolvent, the seller may stop the carrier or bailee from delivering the goods only if the quantity shipped is at least a carload, truckload, planeload, or a larger shipment.

(3)fffdfffdfffdfffd Recover Damages for Accepted Goods: A buyer who accepts nonconforming goods may keep the goods and, after reasonable notice to the seller of the defects in the goods and/or the manner of tender, sue for the difference between the value of the goods as accepted and their value as promised in the contract.

Section 5 of the Indian Contract Act, 1872 An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards. Hence, the acceptor can revoke his acceptance at any time before his letter accepting the offer reaches the offeror.

Goods are called non conforming goods when the delivered goods are not the goods specified in the purchase contract. Under the Uniform Commercial Code (UCC), if a vendor delivers non conforming goods, the buyer can reject all of the goods, accept all of the goods, or accept some and reject rest of the goods.

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Oklahoma Notice by Seller Regarding Request for Extension of Time to Effect Cure of Improper Tender of Goods