deliveryversuspaymentperiaatteella
Delivery versus payment is a fundamental principle in contract law, particularly concerning the sale of goods. It dictates the sequence in which a seller must deliver goods and a buyer must pay for them. Generally, the principle establishes that performance is concurrent, meaning that delivery of goods and payment for those goods should happen at the same time unless the contract specifies otherwise.
In most standard sales transactions, the seller's obligation to transfer and deliver the goods is conditional
However, this principle is not absolute and can be modified by the terms of the contract. Parties
When the contract is silent on the timing of delivery and payment, the default position is concurrent