Business Law 

(2)   Subject to the provisions of the two following sections on rejected goods (§§ 2-603 and 2-604).

(a)   After rejection any exercise of ownership by the buyer with respect to any commercial unit is wrongful as against the seller; and

(b)   If the buyer has before rejection taken physical possession of goods in which he does not have a security interest under the provisions of this title (subsection (3) of § 2-711), he is under a duty after rejection to hold them with reasonable care at the seller’s disposition for a time sufficient to permit the seller to remove them; but

(c)   The buyer has no further obligations with regard to goods rightfully rejected.

(3)   The seller’s rights with respect to goods wrongfully rejected are governed by the provisions of this title on seller’s remedies in general (§ 2-703).
Prev | Next

________________________________________________________________________

Questions & Answers: Business Law

The lenders broker locked in my rate without telling me. I have not signed nor do I intend to sign this lock in agreement. Am I obligated to accept this interest rate, the current ...

If a company refuses a refund on grounds that their refund policy does not apply to Category Y (when based on federal law the product is in Category A), is that a deceptive practic...

Margot, Whatever the federal law is that you refer to, I would guess it probably does not apply to store refund policies but to some other context. So just because there is a fede...

Thank you for your reply. The question is over "cosmeceutical," a term not recognized by the FDA, but in any case, even in common parlance, the item in question is not a cosmetic,...

Does 1641 statute apply to property claims adjusters?...

I bought two year online education program. during the warranty period, the exam subjects were changed. then I can't use my paperbook and I am not satisfied with the unchanged prog...

See also:

Maryland Code > Commercial Law