Washington Code 62A.2-301 – General obligations of parties
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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.
[1965 ex.s. c 157 § 2-301. Cf. former RCW sections: (i) RCW 63.04.120; 1925 ex.s. c 142 § 11; RRS § 5836-11. (ii) RCW 63.04.420; 1925 ex.s. c 142 § 41; RRS § 5836-41.]
Terms Used In Washington Code 62A.2-301
- 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.