Drafting documents, such as the Travis Notice by Buyer to Seller of a Grant of Extension of Time to Effect Remedy of Unsuitable Delivery of the Goods, to manage your legal matters can be a challenging and labor-intensive endeavor.
Numerous situations necessitate an attorney's involvement, which further escalates the expense of this process.
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(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.
1)Buyer may cancel or rescind the goods if the seller has repudiated the contract, fails to deliver goods, or the goods' acceptance is revoked. 2)Entitles buyer to recover amounts paid and does not destroy buyer's action for breach against the seller.
The most common material breach by buyers in real estate contracts is failing to follow through with a closing and not actually paying for and taking possession of the property as agreed to in the contract. When a buyer breaches a real estate contract, the seller may be entitled to monetary damages.
The buyer signifies that the goods are conforming after a reasonable opportunity to inspect them. The buyer signifies that he or she will retain the goods even if they are nonconforming. The buyer has a reasonable opportunity to inspect the goods and fails to reject the goods.
If a contract for the sale of goods is missing a price term, Article 2 provides that the price will be a reasonable price at the time of delivery. If an agreement does not specify the time in which an act is to be performed, the law implies that it is to be performed within a reasonable time.
Under the UCC, unless otherwise agreed, delivery is at the seller's place of business or at his residence if he has no place of business. However, if both parties know, at the time the contract is formed, that the goods are in some other place, that place is the place for their delivery.
When no delivery terms are specified in a contract for sale of goods, there is no basis for determining a remedy. Under the UCC, a contract for a sale of goods that does not include the quantity will not fail for indefiniteness.
A. b. 15. When a seller refuses to deliver goods that are unique, a buyer can obtain specific performance.
Risk of loss is on the seller while the goods are in transport. includes the following terms: FOB destination, no arrival no sale, and ex-ship. two cases: for merchant-sellers: risk of loss does not pass to the buyer until the goods are received.
In a contract for the sale of goods, if the seller does not have a place of business and the contract does not mention delivery in any way, delivery is to be made at the buyer's house.