ROL:
Delivery without Movement of Goods
Goods Held by Seller:
§ Document of
Title is generally not used.
§ If Seller is a
merchant, ROL passes when buyer takes physical possession of goods.
Goods Held by Bailee
(Warehouse). ROL passes when:
§ Buyer receives
document of title; bailee acknowledges Buyer’s right to goods and buyer
receives title and has reasonable time to pick up.
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