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The Vermont Statutes Online



Title

09A

:
Uniform Commercial Code






Chapter

002

:
Sales











 

§

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 of their loss remains on the seller until cure or

acceptance.

(2) Where the

buyer rightfully revokes acceptance he may to the extent of any deficiency in

his effective insurance coverage treat the risk of loss as having rested on the

seller from the beginning.

(3) Where the

buyer as to conforming goods already identified to the contract for sale repudiates

or is otherwise in breach before risk of their loss has passed to him, the

seller may to the extent of any deficiency in his effective insurance coverage

treat the risk of loss as resting on the buyer for a commercially reasonable

time.