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Part 1 - Short Title, General Construction and Subject Matter
§ 47-2-101. Short Title - This chapter shall be known and may be cited as...
§ 47-2-102. Scope — Certain Security and Other Transactions Excluded From This Chapter - Unless the context otherwise requires, this chapter applies to transactions...
§ 47-2-103. Definitions and Index of Definitions - Acceptance.” § 47-2-606. “Banker's credit.” § 47-2-325. “Between merchants.” §...
Part 2 - Form, Formation and Readjustment of Contract
§ 47-2-202. Final Written Expression — Parol or Extrinsic Evidence - Terms with respect to which the confirmatory memoranda of the...
§ 47-2-203. Seals Inoperative - The affixing of a seal to a writing evidencing a...
§ 47-2-205. Firm Offers - An offer by a merchant to buy or sell goods...
§ 47-2-206. Offer and Acceptance in Formation of Contract - Where the beginning of a requested performance is a reasonable...
§ 47-2-207. Additional Terms in Acceptance or Confirmation - Conduct by both parties which recognizes the existence of a...
Part 3 - General Obligation and Construction of Contract
§ 47-2-301. General Obligation of Parties - The obligation of the seller is to transfer and deliver...
§ 47-2-303. Allocation or Division of Risks - Where this chapter allocates a risk or a burden as...
§ 47-2-305. Open Price Term - A price to be fixed by the seller or by...
§ 47-2-307. Delivery in Single Lot or Several Lots - Unless otherwise agreed all goods called for by a contract...
§ 47-2-308. Absence of Specified Place for Delivery - Unless otherwise agreed:
§ 47-2-310. Open Time for Payment or Running of Credit — Authority to Ship Under Reservation - Unless otherwise agreed:
§ 47-2-312. Warranty of Title and Against Infringement — Buyer's Obligation Against Infringement - A warranty under subsection (1) will be excluded or modified...
§ 47-2-313. Express Warranties by Affirmation, Promise, Description, Sample - It is not necessary to the creation of an express...
§ 47-2-314. Implied Warranty — Merchantability — Usage of Trade - Unless excluded or modified (§ 47-2-316) other implied warranties may...
§ 47-2-315. Implied Warranty — Fitness for Particular Purpose — Exception for Certain Livestock - Where the seller at the time of contracting has reason...
§ 47-2-316. Exclusion or Modification of Warranties - Remedies for breach of warranty can be limited in accordance...
§ 47-2-317. Cumulation and Conflict of Warranties Express or Implied - Warranties whether express or implied shall be construed as consistent...
§ 47-2-318. Third Party Beneficiaries of Warranties Express or Implied - A seller's warranty whether express or implied extends to any...
§ 47-2-319. o.b. and f.a.s. Terms - Unless otherwise agreed the term F.A.S. vessel (which means “free...
§ 47-2-320. i.f. and C. & F. Terms - Unless otherwise agreed the term C. & F. or its...
§ 47-2-321. i.f. or C. & F. — “Net Landed Weights” — “Payment on Arrival” — Warranty of Condition on Arrival - Under a contract containing a term C.I.F. or C. &...
§ 47-2-323. Form of Bill of Lading Required in Overseas Shipment — “overseas.” - A shipment by water or by air or a contract...
§ 47-2-324. “No Arrival, No Sale” Term - Under a term “no arrival, no sale” or terms of...
§ 47-2-326. Sale on Approval and Sale or Return — Consignment Sales and Rights of Creditors - Goods held on approval are not subject to the claims...
§ 47-2-327. Special Incidents of Sale on Approval and Sale or Return - Under a sale or return unless otherwise agreed: the option...
Part 4 - Title, Creditors and Good Faith Purchasers
§ 47-2-401. Passing of Title — Reservation for Security — Limited Application of This Section - Each provision of this chapter with regard to the rights,...
§ 47-2-403. Power to Transfer — Good Faith Purchase of Goods — “entrusting.” - Any entrusting of possession of goods to a merchant who...
Part 5 - Performance
§ 47-2-501. Insurable Interest in Goods — Manner of Identification of Goods - The seller retains an insurable interest in goods so long...
§ 47-2-502. Buyer's Right to Goods on Seller's Insolvency - The buyer's right to recover the goods under subsection (1)(a)...
§ 47-2-504. Shipment by Seller - Where the seller is required or authorized to send the...
§ 47-2-505. Seller's Shipment Under Reservation - When shipment by the seller with reservation of a security...
§ 47-2-512. Payment by Buyer Before Inspection - Payment pursuant to subsection (1) does not constitute an acceptance...
§ 47-2-513. Buyer's Right to Inspection of Goods - A place or method of inspection fixed by the parties...
§ 47-2-514. When Documents Deliverable on Acceptance — When on Payment - Unless otherwise agreed documents against which a draft is drawn...
§ 47-2-515. Preserving Evidence of Goods in Dispute - In furtherance of the adjustment of any claim or dispute:
Part 6 - Breach, Repudiation and Excuse
§ 47-2-601. Buyer's Rights on Improper Delivery - Subject to the provisions of this chapter on breach in...
§ 47-2-602. Manner and Effect of Rightful Rejection - The seller's rights with respect to goods wrongfully rejected are...
§ 47-2-604. Buyer's Options as to Salvage of Rightfully Rejected Goods - Subject to the provisions of the immediately preceding section on...
§ 47-2-605. Waiver of Buyer's Objections by Failure to Particularize - Payment against documents made without reservation of rights precludes recovery...
§ 47-2-606. What Constitutes Acceptance of Goods - Acceptance of a part of any commercial unit is acceptance...
§ 47-2-607. Effect of Acceptance — Notice of Breach — Burden of Establishing Breach After Acceptance — Notice of Claim or Litigation to Person Answerable Over - The burden is on the buyer to establish any breach...
§ 47-2-608. Revocation of Acceptance in Whole or in Part - Revocation of acceptance must occur within a reasonable time after...
§ 47-2-610. Anticipatory Repudiation - When either party repudiates the contract with respect to a...
§ 47-2-613. Casualty to Identified Goods - Where the contract requires for its performance goods identified when...
§ 47-2-615. Excuse by Failure of Presupposed Conditions - Except so far as a seller may have assumed a...
§ 47-2-616. Procedure on Notice Claiming Excuse - If after receipt of such notification from the seller the...
Part 7 - Remedies
§ 47-2-701. Remedies for Breach of Collateral Contracts Not Impaired - Remedies for breach of any obligation or promise collateral or...
§ 47-2-703. Seller's Remedies in General - Where the buyer wrongfully rejects or revokes acceptance of goods...
§ 47-2-704. Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods - Where the goods are unfinished an aggrieved seller may in...
§ 47-2-705. Seller's Stoppage of Delivery in Transit or Otherwise - (a) To stop delivery the seller must so notify as...
§ 47-2-706. Seller's Resale Including Contract for Resale - A purchaser who buys in good faith at a resale...
§ 47-2-709. Action for the Price - Where the seller sues for the price he must hold...
§ 47-2-710. Seller's Incidental Damages - Incidental damages to an aggrieved seller include any commercially reasonable...
§ 47-2-711. Buyer's Remedies in General — Buyer's Security Interest in Rejected Goods - Where the seller fails to deliver or repudiates the buyer...
§ 47-2-717. Deduction of Damages From the Price - The buyer on notifying the seller of his intention to...
§ 47-2-718. Liquidation or Limitation of Damages — Deposits - The buyer's right to restitution under subsection (2) is subject...
§ 47-2-719. Contractual Modification or Limitation of Remedy - Where circumstances cause an exclusive or limited remedy to fail...
§ 47-2-720. Effect of “Cancellation” or “Rescission” on Claims for Antecedent Breach - Unless the contrary intention clearly appears, expressions of “cancellation” or...
§ 47-2-721. Remedies for Fraud - Remedies for material misrepresentation or fraud include all remedies available...
§ 47-2-722. Who Can Sue Third Parties for Injury to Goods - Where a third party so deals with goods which have...
§ 47-2-724. Admissibility of Market Quotations - Whenever the prevailing price or value of any goods regularly...