Everett is an accountant for a major accounting firm.One day at work,he is discussing his collection of rare coins with one of his co-workers.Everett tells his co-worker that he keeps his collection at home and that he has recently purchased several Chinese gold Panda coins at an exceptional price.The co-worker expresses an interest in buying two of the coins at a price of $250,and a contract is duly formed.If no place for delivery is expressed,where are the coins to be delivered?
A) At the office of the accounting firm where the parties to the contract work
B) At Everett's home
C) At the co-worker's home
D) In the parking lot of the accounting firm

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), when no specific place of delivery is mentioned in a sales contract, the goods are to be delivered at the seller's place of business. If the seller does not have a place of business, then delivery is to be made at the seller's residence. Since Everett is selling personal items (coins) and not in the capacity of his business, his home is considered the place for delivery.

Everett Is an Accountant for a Major Accounting Firm