Arkansas Code Title 4, Subtitle 1, Chapter 2, Part 5 - Performance

• § 4-2-501 - 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...
• § 4-2-502 - Buyer's Right to Goods on Seller's Repudiation, Failure to Deliver, or Insolvency.
  (1) Subject to subsections (2) and (3) and even though the goods have not been shipped a buyer who has paid a part or...
• § 4-2-503 - 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...
• § 4-2-504 - Shipment by Seller.
  Where the seller is required or authorized to send the goods to the buyer and the contract does not require him to deliver them...
• § 4-2-505 - Seller's Shipment Under Reservation.
  (1) Where the seller has identified goods to the contract by or before shipment: (a) his procurement of a negotiable bill of lading to...
• § 4-2-506 - Rights of Financing Agency.
  (1) A financing agency by paying or purchasing for value a draft which relates to a shipment of goods acquires to the extent of...
• § 4-2-507 - 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...
• § 4-2-508 - Cure by Seller of Improper Tender or Delivery -- Replacement.
  (1) Where any tender or delivery by the seller is rejected because non-conforming and the time for performance has not yet expired, the seller...
• § 4-2-509 - 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 him to deliver...
• § 4-2-510 - Effect of Breach on Risk of Loss.
  (1) Where a tender or delivery of goods so fails to conform to the contract as to give a right of rejection the risk...
• § 4-2-511 - Tender of Payment by Buyer -- Payment by Check.
  (1) Unless otherwise agreed tender of payment is a condition to the seller's duty to tender and complete any delivery.(2) Tender of payment is...
• § 4-2-512 - Payment by Buyer Before Inspection.
  (1) Where the contract requires payment before inspection non-conformity of the goods does not excuse the buyer from so making payment unless (a) the...
• § 4-2-513 - Buyer's Right to Inspection of Goods.
  (1) Unless otherwise agreed and subject to subsection (3), where goods are tendered or delivered or identified to the contract for sale, the buyer...
• § 4-2-514 - When Documents Deliverable on Acceptance -- When on Payment.
  Unless otherwise agreed documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it...
• § 4-2-515 - Preserving Evidence of Goods in Dispute.
  In furtherance of the adjustment of any claim or dispute (a) either party on reasonable notification to the other and for the purpose of...

Last modified: November 15, 2016