N.Y. Uniform Commercial Code 2-505 – Seller’s shipment under reservation
Current as of: 2023 | Check for updates
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Terms Used In N.Y. Uniform Commercial Code 2-505
- Buyer: means a person who buys or contracts to buy goods. See N.Y. Uniform Commercial Code 2-103
- Contract: A legal written agreement that becomes binding when signed.
- Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See N.Y. Uniform Commercial Code 2-106
- Seller: means a person who sells or contracts to sell goods. See N.Y. Uniform Commercial Code 2-103