Sec. 2303.
Where this article allocates a risk or a burden as between the parties "unless otherwise agreed", the agreement may not only shift the allocation but may also divide the risk or burden.
History: 1962, Act 174, Eff. Jan. 1, 1964
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 2 - Sales (440.2101...440.2725)
174-1962-2-3 - Part 3 General Obligation and Construction of Contract (440.2301...440.2328)
Section 440.2301 - Obligations of Seller and Buyer.
Section 440.2302 - Unconscionable Contract or Clause.
Section 440.2303 - Allocation or Division of Risk or Burden.
Section 440.2304 - Price; Payment in Money, Goods, Realty, or Otherwise.
Section 440.2305 - Open Price Term; Fixed Price.
Section 440.2306 - Output of Seller; Requirement of Buyer; Exclusive Dealing.
Section 440.2307 - Delivery in Single Lot or Several Lots; Payment.
Section 440.2308 - Place for Delivery of Goods and Documents of Title.
Section 440.2309 - Time of Performance; Contract Termination.
Section 440.2311 - Specification of Performance; Assortment and Shipment of Goods; Remedies.
Section 440.2312 - Warranties of Title; Freedom From Liens.
Section 440.2313 - Creation of Express Warranties by Seller.
Section 440.2314 - Implied Warranty; Merchantability, Course of Dealing, Usage of Trade.
Section 440.2315 - Implied Warranty; Fitness for Particular Purpose.
Section 440.2317 - Warranties; Cumulation and Conflict.
Section 440.2318 - Warranties; Third Party Beneficiaries.
Section 440.2319 - f.o.b. and f.a.s. Terms.
Section 440.2320 - c.i.f. and C. & F. Terms.
Section 440.2322 - Delivery Exship.
Section 440.2323 - Overseas Shipment; Bill of Lading, Form.
Section 440.2324 - No Arrival, No Sale Terms.
Section 440.2325 - Letter of Credit or Banker's Credit; Confirmed Credit; Definitions.
Section 440.2327 - Sale on Approval; Sale or Return; Special Incidents.
Section 440.2328 - Sale by Auction; Sale With Reserve; Forced Sale.