Vernon 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.Vernon 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?

Question

Quizplus · Accepted Answer

In a contract for the sale of goods where no specific place of delivery is mentioned, the default location for delivery is the seller's place of business or, if the seller does not have a place of business, the seller's residence. Since Vernon keeps his coin collection at home and there's no indication that the coins are stored at his place of business, his home becomes the default location for delivery.

Vernon Is an Accountant for a Major Accounting Firm