The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.
KRS 355.2-301
General obligations of parties
Known as the Uniform Commercial Code
The act spans §§ 355.10-101 to 355.9-809 (686 sections).
Applied in 3 court decisions — leading case Hj Scheirich Company Duddy Hj v. Kitchen & Bath Distributors Inc
Most recently applied in In Re Scheirich Company (January 1993)
Effective: July 1, 1960 History: Created 1958 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.