2.327 – SPECIAL INCIDENTS OF SALE ON APPROVAL AND SALE OR
Texas Business and Commerce Code § 2.327
Summary
This law outlines the terms of sales made on approval, specifying that the buyer does not gain title or risk of loss until they accept the goods. It also clarifies that using the goods for their intended purpose does not constitute acceptance, but failing to notify the seller of a return does.
Title and risk of loss remain with seller until buyer accepts goods.
Using goods for trial does not mean acceptance.
Failing to notify seller of return is considered acceptance.
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In simple terms: Learn about Texas's SPECIAL INCIDENTS OF SALE ON APPROVAL AND SALE OR law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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