402.509 – Risk of loss in the absence of breach.
402.509 Risk of loss in the absence of breach. (1) Where the contract requires or authorizes the seller to ship the goods by carrier: (a) If it does not require the seller to deliver them at a particular destination, the risk of loss passes to the buyer when the goods are duly delivered to the […]
402.501 – Insurable interest in goods; manner of identification of goods.
402.501 Insurable interest in goods; manner of identification of goods. (1) The buyer obtains a special property and an insurable interest in goods by identification of existing goods as goods to which the contract refers even though the goods so identified are nonconforming and the buyer has an option to return or reject them. Such […]
402.502 – Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency.
402.502 Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency. (1) Subject to subs. (2) and (3) and even though the goods have not been shipped a buyer who has paid a part or all of the price of goods in which the buyer has a special property under s. 402.501 may […]
402.503 – Manner of seller’s tender of delivery.
402.503 Manner of seller’s tender of delivery. (1) Tender of delivery requires that the seller put and hold conforming goods at the buyer’s disposition and give the buyer any notification reasonably necessary to enable the buyer to take delivery. The manner, time and place for tender are determined by the agreement and this chapter, and […]
402.504 – Shipment by seller.
402.504 Shipment by seller. (1) Where the seller is required or authorized to send the goods to the buyer and the contract does not require the seller to deliver them at a particular destination, then unless otherwise agreed the seller must: (a) Put the goods in the possession of such a carrier and make such […]