MARIN MANDEL, Governor

111

2—308. Absence of specified place for delivery.
Unless otherwise agreed

(a)    The place for delivery of goods is the
seller's place of business or if he has none his
residence; but

(b)    In a contract for sale of identified
goods which to the knowledge of the parties at the time
of contracting are in some other place, that place is the
place for their delivery; and

(c) Documents of title may be delivered
through customary banking channels.

2—309. Absence of specific time provisions; notice of
termination.

(1)    The time for shipment or delivery or any other
action under a contract if not provided in this
[subtitle] TITLE or agreed upon shall be a reasonable
time.

(2)   Where the contract provides for successive
performances but is indefinite in duration it is valid
for a reasonable tine but unless otherwise agreed may be
terminated at any tine by either party.

(3)    Termination of a contract by one party except
on the happening of an agreed event requires that
reasonable notification be received by the other party
and an agreement dispensing with notification is invalid
if its operation would be unconscionable.

2—310. Open time for payment or running of credit;
authority to ship under reservation.

Unless otherwise agreed

(a)   Payment is due at the time and place at
which the buyer is to receive the goods even though the
place of shipment is the place of delivery; and

(b)   If the seller is authorized to send the
goods he may ship then under reservation, and may tender
the documents of title, but the buyer may inspect the
goods after their arrival before payment is due unless
such inspection is inconsistent with the terms of the
contract (§ 2—513); and

(c)   If delivery is authorized and made by way
of documents of title otherwise than by subsection (b)
then payment is due at the time and place at which the