Asked by Wally Coveny on Jun 05, 2024
Verified
In a shipment contract,proper tender of delivery is placing them on the loading dock to be picked up by a shipper.
Shipment Contract
A contract under which a seller turns goods over to a carrier for delivery to a buyer. Both the title and risk of loss pass to the buyer when the goods are given to the carrier.
Proper Tender
A legal and financial term referring to the act of offering to deliver what is due under a contract, specifically in a manner that fulfills all conditions attached to the payment or delivery.
Loading Dock
An area of a building where goods are loaded onto and unloaded from vehicles or ships.
- Distinguish between shipment and destination contracts and their obligations.
Verified Answer
AC
Alexandra Claire JuanilloJun 10, 2024
Final Answer :
False
Explanation :
Proper tender of delivery requires the seller to deliver the goods to a carrier for shipment, not just leave them on the loading dock.
Learning Objectives
- Distinguish between shipment and destination contracts and their obligations.