shipment contract

A contract in which a seller bears the risk of damage to the items sold only until they are brought to the place of shipment.

• If a contract for the sale of goods does not address the terms of delivery, it is presumed to be a shipment contract. UCC §§ 2-319, 2-504, 2-509. Cf. destination contract. [Cases: Sales 201(4). C.J.S. Sales §§ 224–227.]

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词条贡献者

译者Lynn，毕业于法国顶尖的高级翻译学院，擅长翻译各种与涉及美国证券法的诉讼和调查（包括告密者调查）相关的法律文件。