672.327 Special incidents of sale on approval and sale or return.—
(1) Under a sale on approval unless otherwise agreed:
(a) Although the goods are identified to the contract the risk of loss and the title do not pass to the buyer until acceptance; and
(b) Use of the goods consistent with the purpose of trial is not acceptance but failure seasonably to notify the seller of election to return the goods is acceptance, and if the goods conform to the contract acceptance of any part is acceptance of the whole; and
(c) After due notification of election to return, the return is at the seller’s risk and expense but a merchant buyer must follow any reasonable instructions.
(2) Under a sale or return unless otherwise agreed:
(a) The option to return extends to the whole or any commercial unit of the goods while in substantially their original condition, but must be exercised seasonably; and
(b) The return is at the buyer’s risk and expense.
History.—s. 1, ch. 65-254.
Note.—s. 2-327, U.C.C.
Section: Previous 672.315 672.316 672.317 672.318 672.319 672.320 672.321 672.322 672.323 672.324 672.325 672.326 672.327 672.328 NextLast modified: September 23, 2016