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#1
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I haven't looked it up, but from memory, in a transaction where you don't specify, risk of loss passes to the buyer when the seller delivers the goods to a common carrier. But don't take that as gospel.
Last edited by Peter_Spaeth; 11-21-2015 at 09:48 AM. |
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#2
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I will keep a look out for it Luke.
Joe
__________________
What I collect: 1909-11 e254 Colgan’s Chips 49/226 1910-12 P2 Sweat Caporal PSA Pins 140/204 |
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#3
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I'm near positive that eBay policy is that the seller is responsible for getting the item to the buyer. If not, what would stop any seller from "mailing" a defective package with the item falling out and keeping the item.
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#4
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Did he say it was ebay?
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#5
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Good point.
But I still think this rule applies to any mail transaction that does not contractually describe transfer occurs upon shipping to a common carrier or shipping is under the control of the buyer through dome manner. |
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#6
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And your basis for that opinion is what please? The basis for mine is the Uniform Commercial Code, section 2-509. Unless there is a specific provision requiring the seller to deliver at a particular location (a so-called "destination contract"), risk of loss passes to the buyer when the seller delivers to the common carrier.
Last edited by Peter_Spaeth; 11-21-2015 at 02:40 PM. |
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#7
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Quote:
Seller: Thanks for the purchase. What's your address? Buyer: 123 Main St Seller: Cool Beans. I'll mail it to you tomorrow. That's either a "destination contract" or a merchant transaction. |
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#8
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Quote:
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#9
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Quote:
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#10
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Quote:
2) Unless otherwise explicitly agreed title passes to the buyer at the time and place at which the seller completes his performance with reference to the physical delivery of the goods, despite any reservation of a security interest and even though a document of title is to be delivered at a different time or place; and in particular and despite any reservation of a security interest by the bill of lading •(a) if the contract requires or authorizes the seller to send the goods to the buyerbut does not require him to deliver them at destination, title passes to the buyer at the time and place of shipment; but •(b) if the contract requires delivery at destination, title passes on tender there. It's really the same concept as risk of loss: title and risk of loss pass together. Last edited by Peter_Spaeth; 11-21-2015 at 04:32 PM. |
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