§ 47-2-501 Insurable interest in goods – Manner of identification of goods
§ 47-2-502 Buyer’s right to goods on seller’s insolvency
§ 47-2-503 Manner of seller’s tender of delivery
§ 47-2-504 Shipment by seller
§ 47-2-505 Seller’s shipment under reservation
§ 47-2-506 Rights of financing agency
§ 47-2-507 Effect of seller’s tender – Delivery on condition
§ 47-2-508 Cure by seller of improper tender or delivery – Replacement
§ 47-2-509 Risk of loss in the absence of breach
§ 47-2-510 Effect of breach on risk of loss
§ 47-2-511 Tender of payment by buyer – Payment by check
§ 47-2-512 Payment by buyer before inspection
§ 47-2-513 Buyer’s right to inspection of goods
§ 47-2-514 When documents deliverable on acceptance – When on payment
§ 47-2-515 Preserving evidence of goods in dispute
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Terms Used In Tennessee Code > Title 47 > Chapter 2 > Part 5 - Performance

  • Buyer: means a person who buys or contracts to buy goods. See Tennessee Code 47-2-103
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Tennessee Code 47-2-106
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
  • Seller: means a person who sells or contracts to sell goods. See Tennessee Code 47-2-103
  • Statute: A law passed by a legislature.