Kaufpreiszahlung (EN)

Concept

The contractual obligation of the buyer to pay the agreed price

Definition

Kaufpreiszahlung refers to the obligation of the buyer to pay the amount agreed in the purchase contract to the seller. The payment is typically only due when the goods have been handed over or delivered. The buyer can refuse payment if the goods are defective and the seller does not remedy the defects within a reasonable time.

Process flow

sequenceDiagram     Käufer->>Verkäufer: Purchase contract concluded     Verkäufer->>Käufer: Deliver goods     Käufer->>Verkäufer: Inspect goods     alt Goods in order         Käufer->>Verkäufer: Pay purchase price     else Goods defective         Käufer->>Verkäufer: Report defect         Verkäufer->>Verkäufer: Remedy defect         Käufer->>Verkäufer: Pay purchase price     end 

In context

  • Typically used together with purchase contract, delivery and warranty
  • Related to: Payment default, partial payment, discount, defect notice
  • Example use: In car purchases, the purchase price payment is made after successful delivery and inspection of the vehicle
Quelle: AI Generated