Skip to main content
THIS SITE
PREVIOUS SECTION Go back to sections Go back to the chapter Go back to the N.J. Statutes homepage NEXT SECTION


New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 2:

      Section: 12A:2-507: Effect of seller's tender; delivery on condition

           (1) Tender of delivery is a condition to the buyer's duty to accept the goods and, unless otherwise agreed, to his duty to pay for them. Tender entitles the seller to acceptance of the goods and to payment according to the contract.

(2) Where payment is due and demanded on the delivery to the buyer of goods or documents of title, his right as against the seller to retain or dispose of them is conditional upon his making the payment due.

L.1961, c. 120, s. 2-507.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 12a:2-507 (if available):



Court decisions that cite this statute: CLICK HERE.