Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Iowa Code 554.2504

  • Contract: A legal written agreement that becomes binding when signed.
554.2504 Shipment by seller.
1. Where the seller is required or authorized to send the goods to the buyer and the
contract does not require the seller to deliver them at a particular destination, then unless otherwise agreed the seller must:
a. Put the goods in the possession of such a carrier and make such a contract for their transportation as may be reasonable having regard to the nature of the goods and other circumstances of the case; and
b. Obtain and promptly deliver or tender in due form any document necessary to enable the buyer to obtain possession of the goods or otherwise required by the agreement or by usage of trade; and
c. Promptly notify the buyer of the shipment.
2. Failure to notify the buyer under subsection 1, paragraph “”c””, or to make a proper contract under subsection 1, paragraph “”a””, is a ground for rejection only if material delay or loss ensues.
[C24, 27, 31, 35, 39, §9975; C46, 50, 54, 58, 62, §554.47; C66, 71, 73, 75, 77, 79, 81, §554.2504]
2009 Acts, ch 41, §258
Referred to in §554.2319, 554.2503, 554.2505