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Code · Vermont · Vermont Statutes

§ 2—507.

96 words·~1 min read·/vt/2-56

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 2—507. Effect of seller’s tender; delivery on condition
(1)Tender of delivery is a condition to the buyer’s duty to accept the goods and, unless otherwise agreed, to his or her duty to pay for them. Tender entitles the seller to acceptance of the goods and to payment according to the contract.
(2)Where payment is due and demanded on the delivery to the buyer of goods or documents of title, his or her right as against the seller to retain or dispose of them is conditional upon his or her making the payment due.
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