1.Previous
3.Next

* Cure/cover--The buyer must give the seller time to cure the defective shipment before seeking cover.
* FOB place of business--The seller assumes risk of loss until the goods are placed on a carrier. FOB destination: the seller assumes risk of loss until the shipment arrives at its destination. If the contract leaves out the delivery place, it is the seller's place of business.
* Risk of loss--Equitable conversion does not apply. In the sale of specific goods, the risk of loss lies with the

1.Previous
3.Next