chapter 20 Flashcards

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1
Q

Performance

A

Fulfillment of a contractual obligation.

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2
Q

Tender of delivery

A

Seller makes available to buyer goods conforming to the contract and notifies the buyer.

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3
Q

Time of tender

A

Tender must be made at a reasonable time and kept open for a reasonable period of time.

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4
Q

Place of tender

A

•If none is specified, place of delivery is the seller’s place of business or. If he has no such place, his residence.

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5
Q

F.O.B what is it and two types

A

Free on Board
F.O.B Shipment
•F.O.B destination

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6
Q

under shipment contract sellers obligations

A
  • Deliver the goods to a carrier
  • Make a contract for their transportation
  • Obtain and promptly deliver
  • Promptly notify the buyer of the shipment.
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7
Q

Under shipment contract Seller obligations

A

Deliver the goods to a carrier
•Make a contract for their transportation
•Obtain and promptly deliver
•Promptly notify the buyer of the shipment.
to help remember think take to ups make a contract with them they obtain and promptly deliver amd notfy the buy

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8
Q

Destination contract

A

The seller must at his/her own expense and risk transport the goods to that place and there tender delivery of them to the buyer.

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