Question

International Gem Corporation agrees to sell Jewelry Outlets, Inc. (JOI), fifty new diamonds, but the contract does not specify a place of delivery. JOI is expected to pick up the goods. The place of delivery is:

Answer 1

A) International's place of business.

Step-by-step explanation:

If the place of delivery is not specified on a sales contract, UCC rules generally establish that the seller must deliver the goods to the buyer, it is known as "tender of delivery". But in this case, the contract didn't specify where the goods should be delivered, but it specified that the buyer would pick them up. The only logical place that the buyer could pick the goods is from the seller's place of business. It has to be one or the other, either the buyer's place of business or the seller's, it cannot be in the middle of the street or in a park.