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Part 1 - Short Title, General Construction, and Subject Matter.
Section 7-2-101 - Short Title. - This article shall be known and may be cited as...
Section 7-2-102 - Scope; Certain Security and Other Transactions Excluded From This Article. - Unless the context otherwise requires, this article applies to transactions...
Section 7-2-103 - Definitions and Index of Definitions. - (1) In this article unless the context otherwise requires: (a)...
Section 7-2-104 - Definitions: "Merchant"; "Between Merchants"; "Financing agency." - (1) "Merchant" means a person who deals in goods of...
Section 7-2-105 - Definitions: "Transferability"; "Goods"; "Future Goods"; "Lot"; "Commercial unit." - (1) "Goods" means all things (including specially manufactured goods) which...
Section 7-2-106 - Definitions: "Contract"; "Agreement"; "Contract for Sale"; "Sale"; "Present Sale"; "Conforming" to Contract; "Termination"; "cancellation." - (1) In this article unless the context otherwise requires "contract"...
Section 7-2-107 - Goods to Be Severed From Realty; Recording. - (1) A contract for the sale of minerals or the...
Part 2 - Form, Formation, and Readjustment of Contract.
Section 7-2-201 - Formal Requirements; Statute of Frauds. - (1) Except as otherwise provided in this section a contract...
Section 7-2-202 - Final Written Expression: Parol or Extrinsic Evidence. - Terms with respect to which the confirmatory memoranda of the...
Section 7-2-203 - Seals Inoperative. - The affixing of a seal to a writing evidencing a...
Section 7-2-204 - Formation in General. - (1) A contract for sale of goods may be made...
Section 7-2-205 - Firm Offers. - An offer by a merchant to buy or sell goods...
Section 7-2-206 - Offer and Acceptance in Formation of Contract. - (1) Unless otherwise unambiguously indicated by the language or circumstances:...
Section 7-2-207 - Additional Terms in Acceptance or Confirmation. - (1) A definite and seasonable expression of acceptance or a...
Section 7-2-208 - Course of Performance or Practical Construction. - Repealed by Act 2004-524, p. 1070, ยง3, effective January 1,...
Section 7-2-209 - Modification, Rescission and Waiver. - (1) An agreement modifying a contract within this article needs...
Section 7-2-210 - Delegation of Performance; Assignment of Rights. - (1) A party may perform his duty through a delegate...
Part 3 - General Obligation and Construction of Contract.
Section 7-2-301 - General Obligations of Parties. - The obligation of the seller is to transfer and deliver...
Section 7-2-304 - Price Payable in Money, Goods, Realty, or Otherwise. - (1) The price can be made payable in money or...
Section 7-2-303 - Allocation or Division of Risks. - Where this article allocates a risk or a burden as...
Section 7-2-302 - Unconscionable Contract or Clause. - (1) If the court as a matter of law finds...
Section 7-2-305 - Open Price Term. - (1) The parties if they so intend can conclude a...
Section 7-2-306 - Output, Requirements, and Exclusive Dealings. - (1) A term which measures the quantity by the output...
Section 7-2-307 - Delivery in Single Lot or Several Lots. - Unless otherwise agreed all goods called for by a contract...
Section 7-2-308 - Absence of Specified Place for Delivery. - Unless otherwise agreed: (a) The place for delivery of goods...
Section 7-2-309 - Absence of Specific Time Provisions; Notice of Termination. - (1) The time for shipment or delivery or any other...
Section 7-2-310 - Open Time for Payment or Running of Credit; Authority to Ship Under Reservation. - Unless otherwise agreed: (a) Payment is due at the time...
Section 7-2-311 - Options and Cooperation Respecting Performance. - (1) An agreement for sale which is otherwise sufficiently definite...
Section 7-2-312 - Warranty of Title and Against Infringement; Buyer's Obligation Against Infringement. - (1) Subject to subsection (2) there is in a contract...
Section 7-2-313 - Express Warranties by Affirmation, Promise, Description, Sample. - (1) Express warranties by the seller are created as follows:...
Section 7-2-314 - Implied Warranty: Merchantability; Usage of Trade; Human Blood and Tissues. - (1) Unless excluded or modified (Section 7-2-316), a warranty that...
Section 7-2-315 - Implied Warranty: Fitness for Particular Purpose. - Where the seller at the time of contracting has reason...
Section 7-2-316 - Exclusion or Modification of Warranties. - (1) Words or conduct relevant to the creation of an...
Section 7-2-317 - Cumulation and Conflict of Warranties Express or Implied. - Warranties whether express or implied shall be construed as consistent...
Section 7-2-318 - Third-Party Beneficiaries of Warranties Express or Implied. - A sellers' warranty, whether express or implied, extends to any...
Section 7-2-319 - f.o.b. and f.a.s. Terms. - (1) Unless otherwise agreed the term F.O.B. (which means "free...
Section 7-2-320 - c.i.f. and C. & F. Terms. - (1) The term C.I.F. means that the price includes in...
Section 7-2-321 - c.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. &...
Section 7-2-322 - Delivery "Ex-Ship". - (1) Unless otherwise agreed a term for delivery of goods...
Section 7-2-323 - Form of Bill of Lading Required in Overseas Shipment; "overseas." - (1) Where the contract contemplates overseas shipment and contains a...
Section 7-2-324 - "No Arrival, No Sale" Term. - Under a term "no arrival, no sale" or terms of...
Section 7-2-325 - "Letter of Credit" Term; "Confirmed credit." - (1) Failure of the buyer seasonably to furnish an agreed...
Section 7-2-326 - "Sale on Approval" and "Sale or return." - (1) Unless otherwise agreed, if delivered goods may be returned...
Section 7-2-327 - Special Incidents of Sale on Approval and Sale or Return. - (1) Under a sale on approval unless otherwise agreed: (a)...
Section 7-2-328 - Sale by Auction. - (1) In a sale by auction if goods are put...
Part 4 - Title, Creditors, and Good Faith Purchasers.
Section 7-2-401 - Passing of Title; Reservation for Security; Limited Application of This Section. - Each provision of this article with regard to the rights,...
Section 7-2-402 - Rights of Seller's Creditors Against Sold Goods. - (1) Except as provided in subsections (2) and (3), rights...
Section 7-2-403 - Power to Transfer; Good Faith Purchase of Goods; "entrusting." - (1) A purchaser of goods acquires all title which his...
Part 5 - Performance.
Section 7-2-501 - Insurable Interest in Goods; Manner of Identification of Goods. - (1) The buyer obtains a special property and an insurable...
Section 7-2-502 - Buyer's Right to Goods. - (1) Subject to subsections (2) and (3) and even though...
Section 7-2-503 - Manner of Seller's Tender of Delivery. - (1) Tender of delivery requires that the seller put and...
Section 7-2-504 - Shipment by Seller. - Where the seller is required or authorized to send the...
Section 7-2-505 - Seller's Shipment Under Reservation. - (1) Where the seller has identified goods to the contract...
Section 7-2-506 - Rights of Financing Agency. - (1) A financing agency by paying or purchasing for value...
Section 7-2-507 - Effect of Seller's Tender; Delivery on Condition. - (1) Tender of delivery is a condition to the buyer's...
Section 7-2-508 - Cure by Seller of Improper Tender or Delivery; Replacement. - (1) Where any tender or delivery by the seller is...
Section 7-2-509 - Risk of Loss in the Absence of Breach. - (1) Where the contract requires or authorizes the seller to...
Section 7-2-510 - Effect of Breach on Risk of Loss. - (1) Where a tender or delivery of goods so fails...
Section 7-2-511 - Tender of Payment by Buyer; Payment by Check. - (1) Unless otherwise agreed tender of payment is a condition...
Section 7-2-512 - Payment by Buyer Before Inspection. - (1) Where the contract requires payment before inspection nonconformity of...
Section 7-2-513 - Buyer's Right to Inspection of Goods. - (1) Unless otherwise agreed and subject to subsection (3), where...
Section 7-2-514 - When Documents Deliverable on Acceptance; When on Payment. - Unless otherwise agreed documents against which a draft is drawn...
Section 7-2-515 - Preserving Evidence of Goods in Dispute. - In furtherance of the adjustment of any claim or dispute:...
Part 6 - Breach, Repudiation, and Excuse.
Section 7-2-601 - Buyer's Rights on Improper Delivery. - Subject to the provisions of this article on breach in...
Section 7-2-602 - Manner and Effect of Rightful Rejection. - (1) Rejection of goods must be within a reasonable time...
Section 7-2-603 - Merchant Buyer's Duties as to Rightfully Rejected Goods. - (1) Subject to any security interest in the buyer (subsection...
Section 7-2-604 - Buyer's Options as to Salvage of Rightfully Rejected Goods. - Subject to the provisions of Section 7-2-603 on perishables if...
Section 7-2-605 - Waiver of Buyer's Objections by Failure to Particularize. - (1) The buyer's failure to state in connection with rejection...
Section 7-2-606 - What Constitutes Acceptance of Goods. - (1) "Acceptance" of goods occurs when the buyer: (a) After...
Section 7-2-607 - Effect of Acceptance; Notice of Breach; Burden of Establishing Breach After Acceptance; Notice of Claim or Litigation to Person Answerable Over. - (1) The buyer must pay at the contract rate for...
Section 7-2-608 - Revocation of Acceptance in Whole or in Part. - (1) The buyer may revoke his acceptance of a lot...
Section 7-2-609 - Right to Adequate Assurance of Performance. - (1) A contract for sale imposes an obligation on each...
Section 7-2-610 - Anticipatory Repudiation. - When either party repudiates the contract with respect to a...
Section 7-2-611 - Retraction of Anticipatory Repudiation. - (1) Until the repudiating party's next performance is due he...
Section 7-2-612 - "Installment Contract"; Breach. - (1) An "installment contract" is one which requires or authorizes...
Section 7-2-613 - Casualty to Identified Goods. - Where the contract requires for its performance goods identified when...
Section 7-2-615 - Excuse by Failure of Presupposed Conditions. - Except so far as a seller may have assumed a...
Section 7-2-614 - Substituted Performance. - (1) Where without fault of either party the agreed berthing,...
Section 7-2-616 - Procedure on Notice Claiming Excuse. - (1) Where the buyer receives notification of a material or...
Part 7 - Remedies.
Section 7-2-701 - Remedies for Breach of Collateral Contracts Not Impaired. - Remedies for breach of any obligation or promise collateral or...
Section 7-2-702 - Seller's Remedies on Discovery of Buyer's Insolvency. - (1) Where the seller discovers the buyer to be insolvent...
Section 7-2-703 - Seller's Remedies in General. - Where the buyer wrongfully rejects or revokes acceptance of goods...
Section 7-2-704 - Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods. - (1) An aggrieved seller under Section 7-2-703 may: (a) Identify...
Section 7-2-705 - Seller's Stoppage of Delivery in Transit or Otherwise. - (1) The seller may stop delivery of goods in the...
Section 7-2-706 - Seller's Resale Including Contract for Resale. - (1) Under the conditions stated in Section 7-2-703 on seller's...
Section 7-2-707 - "Person in the Position of a seller." - (1) A "person in the position of a seller" includes...
Section 7-2-708 - Seller's Damages for Nonacceptance or Repudiation. - (1) Subject to subsection (2) and to the provisions of...
Section 7-2-709 - Action for the Price. - (1) When the buyer fails to pay the price as...
Section 7-2-710 - Seller's Incidental Damages. - Incidental damages to an aggrieved seller include any commercially reasonable...
Section 7-2-711 - Buyer's Remedies in General; Buyer's Security Interest in Rejected Goods. - (1) Where the seller fails to make delivery or repudiates...
Section 7-2-712 - "Cover"; Buyer's Procurement of Substitute Goods. - (1) After a breach within Section 7-2-711, the buyer may...
Section 7-2-713 - Buyer's Damages for Nondelivery or Repudiation. - (1) Subject to the provisions of this article with respect...
Section 7-2-714 - Buyer's Damages for Breach in Regard to Accepted Goods. - (1) Where the buyer has accepted goods and given notification...
Section 7-2-715 - Buyer's Incidental and Consequential Damages. - (1) Incidental damages resulting from the seller's breach include expenses...
Section 7-2-716 - Buyer's Right to Specific Performance or Replevin. - (1) Specific performance may be decreed where the goods are...
Section 7-2-717 - Deduction of Damages From the Price. - The buyer on notifying the seller of his intention to...
Section 7-2-718 - Liquidation or Limitation of Damages; Deposits. - (1) Damages for breach by either party may be liquidated...
Section 7-2-719 - Contractual Modification or Limitation of Remedy. - (1) Subject to the provisions of subsections (2) and (3)...
Section 7-2-720 - Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach. - Unless the contrary intention clearly appears, expressions of "cancellation" or...
Section 7-2-721 - Remedies for Fraud. - Remedies for material misrepresentation or fraud include all remedies available...
Section 7-2-722 - Who Can Sue Third Parties for Injury to Goods. - Where a third party so deals with goods which have...
Section 7-2-723 - Proof of Market Price: Time and Place. - (1) If an action based on anticipatory repudiation comes to...
Section 7-2-724 - Admissibility of Market Quotations. - Whenever the prevailing price or value of any goods regularly...
Section 7-2-725 - Statute of Limitations in Contracts for Sale. - (1) An action for breach of any contract for sale...