|
[ HOME ] |
[ L-200 ] |
[ L-303 ] |
[ Law Links ] |
[ A-329 ] |
[ A-339 ] |
[ Tax Links ] |
[ Int. Things ] |
[ Contacts ] |
|
UCC Passage of Title and Risk |
|
Type of Delivery |
Title Passes |
Risk of Loss Passes |
||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
All Other Situations |
Title passes when contract is made or goods are identified to the contract, whichever is later |
If Seller is a "merchant" = Risk passes on physical receipt by the Buyer (wherever) If Seller is NOT a "merchant" = Risk passes when delivery "tendered" to the Buyer (wherever) |
||||||||||||