Rhode Island General Laws 6A-2-507. Effect of seller’s tender — Delivery on condition
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(1) Tender of delivery is a condition to the buyer‘s duty to accept the goods and, unless otherwise agreed, to his or her duty to pay for them. Tender entitles the seller to acceptance of the goods and to payment according to the contract.
Terms Used In Rhode Island General Laws 6A-2-507
- Buyer: means a person who buys or contracts to buy goods. See Rhode Island General Laws 6A-2-103
- Contract: A legal written agreement that becomes binding when signed.
- Seller: means a person who sells or contracts to sell goods. See Rhode Island General Laws 6A-2-103
(2) Where payment is due and demanded on the delivery to the buyer of goods or documents of title, his or her right as against the seller to retain or dispose of them is conditional upon his or her making the payment due.
History of Section.
P.L. 1960, ch. 147, § 1.