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This entry was published on 2014-09-22
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Effect of Seller's Tender; Delivery on Condition
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2, PART 5
Section 2--507. Effect of Seller's Tender; Delivery on Condition.

(1) Tender of delivery is a condition to the buyer's duty to accept
the goods and, unless otherwise agreed, to his duty to pay for them.
Tender entitles the seller to acceptance of the goods and to payment
according to the contract.

(2) Where payment is due and demanded on the delivery to the buyer of
goods or documents of title, his right as against the seller to retain
or dispose of them is conditional upon his making the payment due.