Is the seller entitled to payment before arrival of the good

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Seller in New York agrees to ship goods to buyer in Lima, Peru, under a CIF contract. The goods are loaded on the ship, and the seller tenders the necessary documents to the buyer for payment (in New York). The buyer refuses payment, claiming that it will pay only after inspection upon arrival of the goods at the port of destination. Is the seller entitled to payment before arrival of the goods?

Reference no: EM133359660

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