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(1) If the buyer is not bound to pay the price at any other specific time, he must pay it when the seller so demands, but not before the goods are handed over to the buyer or placed at his disposal in accordance with the contract and the law.
(2) The foregoing provision notwithstanding, before the buyer pays he has the right to have the goods examined in the customary manner, provided this is not inconsistent with the agreed procedure for delivery and payment of the price.
(3) If a bill of lading is used for transport of the goods to the destination, or the transport to the buyer takes place on such other conditions that the seller can not control the disposition of the goods after they were paid, payment may be demanded against bill of lading, freight note or other evidence of the goods being transported on such conditions. This rule applies whether or not the goods have failed to arrive or the buyer has not had an opportunity to examine them.
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"Treaties": international trade instruments
Private International Commercial Law
International Commercial Arbitration & other dispute settlement
International Tax & Financial Regulation
Carriage Transport & Maritime Law
Electronic Commerce and Encryption
International Criminal Law including Anti-Corruption and Cross Border Crime
International Life Sciences & Bio-Sciences