destination contract

A contract in which a seller bears the risk of loss until the goods arrive at the destination. UCC § 2-509. Cf. shipment contract. [Cases: Sales 201(4). C.J.S. Sales §§ 224–227.]

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词条贡献者

译者Wendy，欧洲知名商学院国际金融专业，擅长翻译各种与私募基金相关的法律文件。