Kentucky Revised Statutes
Article 355.2 - Sales
355.2-505 Seller's shipment under reservation.

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Structure Kentucky Revised Statutes

Kentucky Revised Statutes

Article 355.2 - Sales

355.2-101 Short title.

355.2-102 Scope -- Certain security and other transactions excluded from this article.

355.2-103 Definitions and index of definitions.

355.2-104 Definitions: "merchant" -- "Between merchants" -- "Financing agency.".

355.2-105 Definitions: transferability -- "Goods" -- "Future" goods -- "Lot" -- "Commercial unit.".

355.2-106 Definitions: "contract" -- "Agreement" -- "Contract for sale" -- "Sale" -- "Present sale" -- "Conforming" to contract -- "Termination" -- "Cancellation.".

355.2-107 Goods to be severed from realty -- Recording.

355.2-201 Formal requirements -- Statute of frauds.

355.2-202 Final written expression -- Parol or extrinsic evidence.

355.2-203 Seals inoperative.

355.2-204 Formation in general.

355.2-205 Firm offers.

355.2-206 Offer and acceptance in formation of contract.

355.2-207 Additional terms in acceptance or confirmation.

355.2-208 Repealed, 2006.

355.2-209 Modification, rescission and waiver.

355.2-210 Delegation of performance -- Assignment of rights.

355.2-301 General obligations of parties.

355.2-302 Unconscionable contract or clause.

355.2-303 Allocation or division of risks.

355.2-304 Price payable in money, goods, realty, or otherwise.

355.2-305 Open price term.

355.2-306 Output, requirements and exclusive dealings.

355.2-307 Delivery in single lot or several lots.

355.2-308 Absence of specified place for delivery.

355.2-309 Absence of specific time provisions -- Notice of termination.

355.2-310 Open time for payment or running of credit -- Authority to ship under reservation.

355.2-311 Options and cooperation respecting performance.

355.2-312 Warranty of title and against infringement -- Buyer's obligation against infringement.

355.2-313 Express warranties by affirmation, promise, description, sample.

355.2-314 Implied warranty: merchantability -- Usage of trade.

355.2-315 Implied warranty: fitness for particular purpose.

355.2-316 Exclusion or modification of warranties.

355.2-317 Cumulation and conflict of warranties express or implied.

355.2-318 Third party beneficiaries of warranties express or implied.

355.2-319 F.O.B. and F.A.S. terms.

355.2-320 C.I.F. and C. & F. terms.

355.2-321 C.I.F. or C. & F.: "Net landed weights" -- "Payment on arrival" -- Warranty of condition on arrival.

355.2-322 Delivery "ex-ship.".

355.2-323 Form of bill of lading required in overseas shipment -- "Overseas.".

355.2-324 "No arrival, no sale" term.

355.2-325 "Letter of credit" term -- "Confirmed credit.".

355.2-326 Sale on approval and sale or return -- Rights of creditors.

355.2-327 Special incidents of sale on approval and sale or return.

355.2-328 Sale by auction.

355.2-401 Passing of title -- Reservation for security -- Limited application of this section.

355.2-402 Rights of seller's creditors against sold goods.

355.2-403 Power to transfer -- Good faith purchase of goods -- "Entrusting.".

355.2-501 Insurable interest in goods -- Manner of identification of goods.

355.2-502 Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.

355.2-503 Manner of seller's tender of delivery.

355.2-504 Shipment by seller.

355.2-505 Seller's shipment under reservation.

355.2-506 Rights of financing agency.

355.2-507 Effect of seller's tender -- Delivery on condition.

355.2-508 Cure by seller of improper tender or delivery -- Replacement.

355.2-509 Risk of loss in the absence of breach.

355.2-510 Effect of breach on risk of loss.

355.2-511 Tender of payment by buyer -- Payment by check.

355.2-512 Payment by buyer before inspection.

355.2-513 Buyer's right to inspection of goods.

355.2-514 When documents deliverable on acceptance -- When on payment.

355.2-515 Preserving evidence of goods in dispute.

355.2-601 Buyer's rights on improper delivery.

355.2-602 Manner and effect of rightful rejection.

355.2-603 Merchant buyer's duties as to rightfully rejected goods.

355.2-604 Buyer's options as to salvage of rightfully rejected goods.

355.2-605 Waiver of buyer's objections by failure to particularize.

355.2-606 What constitutes acceptance of goods.

355.2-607 Effect of acceptance -- Notice of breach -- Burden of establishing breach after acceptance -- Notice of claim or litigation to person answerable over.

355.2-608 Revocation of acceptance in whole or in part.

355.2-609 Right to adequate assurance of performance.

355.2-610 Anticipatory repudiation.

355.2-611 Retraction of anticipatory repudiation.

355.2-612 "Installment contract" -- Breach.

355.2-613 Casualty to identified goods.

355.2-614 Substituted performance.

355.2-615 Excuse by failure of presupposed conditions.

355.2-616 Procedure on notice claiming excuse.

355.2-701 Remedies for breach of collateral contracts not impaired.

355.2-702 Seller's remedies on discovery of buyer's insolvency.

355.2-703 Seller's remedies in general.

355.2-704 Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.

355.2-705 Seller's stoppage of delivery in transit or otherwise.

355.2-706 Seller's resale including contract for resale.

355.2-707 "Person in the position of a seller.".

355.2-708 Seller's damages for nonacceptance or repudiation.

355.2-709 Action for the price.

355.2-710 Seller's incidental damages.

355.2-711 Buyer's remedies in general -- Buyer's security interest in rejected goods.

355.2-712 "Cover" -- Buyer's procurement of substitute goods.

355.2-713 Buyer's damages for nondelivery or repudiation.

355.2-714 Buyer's damages for breach in regard to accepted goods.

355.2-715 Buyer's incidental and consequential damages.

355.2-716 Buyer's right to specific performance or replevin.

355.2-717 Deduction of damages from the price.

355.2-718 Liquidation or limitation of damages -- Deposits.

355.2-719 Contractual modification or limitation of remedy.

355.2-720 Effect of "cancellation" or "rescission" on claims for antecedent breach.

355.2-721 Remedies for fraud.

355.2-722 Who can sue third parties for injury to goods.

355.2-723 Proof of market price: time and place.

355.2-724 Admissibility of market quotations.

355.2-725 Statute of limitations in contracts for sale.