Ohio Code 1302.14 – General obligations of parties – UCC 2-301
Current as of: 2023 | Check for updates
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The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.
Terms Used In Ohio Code 1302.14
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.