Wisconsin Statutes 402.508 – Cure by seller of improper tender or delivery; replacement
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Terms Used In Wisconsin Statutes 402.508
- Buyer: means a person who buys or contracts to buy goods. See Wisconsin Statutes 402.103
- Contract: A legal written agreement that becomes binding when signed.
- Seller: means a person who sells or contracts to sell goods. See Wisconsin Statutes 402.103
(1) Where any tender or delivery by the seller is rejected because nonconforming and the time for performance has not yet expired, the seller may seasonably notify the buyer of the seller’s intention to cure and may then within the contract time make a conforming delivery.
(2) Where the buyer rejects a nonconforming tender which the seller had reasonable grounds to believe would be acceptable with or without money allowance the seller may if the seller seasonably notifies the buyer have a further reasonable time to substitute a conforming tender.