Ohio § 1302.34
Full text of Ohio Ohio Revised Code § 1302.34, with citation guidance and answers to common questions.
§ 1302.34.
Under a contract containing a term C.I.F. or C. & F.: (A) Where the price is based on or is to be adjusted according to “net landed weights”,
“delivered weights”, “out turn” quantity or quality or the like, unless otherwise
agreed the seller must reasonably estimate the price. The payment due on tender of the documents called for by the contract is the amount
so estimated, but after final adjustment of the price a settlement must be made with
commercial promptness. (B) An agreement described in division (A) of this section or any warranty of quality
or condition of the goods on arrival places upon the seller the risk of ordinary deterioration,
shrinkage, and the like in transportation but has no effect on the place or time of
identification to the contract for sale or delivery or on the passing of the risk
of loss. (C) Unless otherwise agreed where the contract provides for payment on or after arrival
of the goods the seller must before payment allow such preliminary inspection as is
feasible; but if the goods are lost delivery of the documents and payment are due
when the goods should have arrived.
Frequently Asked Questions About Ohio § 1302.34
What does Ohio Revised Code § 1302.34 cover?
Section 1302.34 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1302.34?
A common citation format is "Ohio Revised Code § 1302.34" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1302.34 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.