destination contract

destination contract
Contract between seller and buyer by which risk of loss passes to buyer upon seller's tender of goods at destination. U.C.C. No. 2-509(lXb)

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • destination contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • destination contract — Contract between seller and buyer by which risk of loss passes to buyer upon seller s tender of goods at destination. U.C.C. No. 2 509(lXb) …   Black's law dictionary

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

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  • contract of carriage — The undertaking of a common carrier to transport goods to a particular destination, including the obligation of a safe delivery of them, within a reasonable time, to the consignee. Alabama Great Southern Railroad Co. v Con turie, 145 Ala 436, 40… …   Ballentine's law dictionary

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