13 Guam Code Ann. § 2513
Terms Used In 13 Guam Code Ann. § 2513
- Contract: A legal written agreement that becomes binding when signed.
(2) Expenses of inspection must be borne by the buyer but may be recovered from the seller if the goods do not conform and are rejected.
(3) Unless otherwise agreed and subject to the provisions of this division on C.I.F. contracts (subdivision (3) of Section 23§ 21), the buyer is not entitled to inspect the goods before payment of the price when the contract provides.
(a) For delivery AC.O.D.@ or on other like terms; or
(b) For payment against documents of title, except where such payment is due only after the goods are to become available for inspection.
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13 Guam Code Ann. UNIFORM COMMERCIAL CODE
DIV. 2 SALES
(4) A place or method of inspection fixed by the parties is presumed to be exclusive but unless otherwise expressly agreed it does not postpone identification or shift the place for delivery or for passing the risk of loss. If compliance becomes impossible, inspection shall be as provided in this section unless the place or method fixed was clearly in- tended as an indispensable condition failure of which avoids the contract.
§ 2514. When Documents Deliverable on Acceptance; When on
Payment.
Unless otherwise agreed documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it is payable more than three days after presentment; otherwise, only on payment.