5 Questions
What happens under the UCC if a written contract requires delivery of goods by a common carrier but does not specify whether it is a destination contract or a shipment contract?
The seller can choose whether it's a shipment or destination contract.
In the absence of specification in the contract, what is the default status of a contract involving delivery of goods by a common carrier under the UCC?
It defaults to a shipment contract.
Under the UCC, what factor determines whether a contract involving delivery of goods by a common carrier is a shipment or destination contract?
The seller's choice
If the contract is silent on whether it is a shipment or destination contract, what must the seller do according to UCC guidelines?
Decide based on his or her convenience
How does the Uniform Commercial Code handle contracts that do not specify if they are shipment or destination contracts?
They default to being shipment contracts.
Learn about the UCC rule regarding written contracts for delivery of goods by a common carrier when the contract doesn't specify shipment or destination terms. Understand how the contract type is determined based on the seller's choice.
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