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B Law Unit 3 Ch 16

TermDefinition
conforming goods Goods that conform to contract specifications.
tender of delivery A seller’s or lessor’s act of placing conforming goods at the disposal of the buyer or lessee and providing whatever notification is reasonably necessary to enable the buyer or lessee to take delivery.
installment contract A contract that requires or authorizes delivery in two or more separate lots to be accepted and paid for separately.
incidental damages All costs resulting from a breach of contract, including all reasonable expenses incurred because of the breach.
cover A remedy that allows the buyer or lessee, on the seller’s or lessor’s breach, to obtain substitute goods from another seller or lessor.
replevin An action that can be used by a buyer or lessee to recover identified goods from a third party, such as a bailee, who is wrongfully withholding them.
Created by: leighg2011