Nebraska Revised Statutes
Chapter 87 - Trade Practices
87-303.07 - Sale or lease agreement; unenforceable; when.

87-303.07. Sale or lease agreement; unenforceable; when.
If a buyer or lessee is induced by a violation of section 87-302 or 87-303.01 to enter into a sale or lease, the agreement is unenforceable by the seller or lessor and the buyer or lessee, at his or her option, may rescind the agreement or retain the merchandise delivered and the benefit of any services performed without any obligation to pay for them.
Source

Annotations

This section, which specifically lists buyers and lessees as those protected by its provisions, does not apply to guarantors. Lindsay Internat. Sales & Serv. v. Wegener, 301 Neb. 1, 917 N.W.2d 133 (2018).

Structure Nebraska Revised Statutes

Nebraska Revised Statutes

Chapter 87 - Trade Practices

87-126 - Act, how cited.

87-127 - Intent.

87-128 - Terms, defined.

87-129 - Mark; not registered; when.

87-130 - Application for registration; contents.

87-131 - Application; fee; examination; disclaimer; amendments; reapplication; application priorities.

87-132 - Certificate of registration; contents; how treated.

87-133 - Registration; term; renewal; renewal fee; prior registration and proceedings.

87-134 - Registration; assignment; change of name; other recordings; fees.

87-135 - Public records.

87-136 - Cancellation from register.

87-137 - Classification of goods and services; rules and regulations.

87-138 - Fraudulent representation; liability.

87-139 - Unauthorized use; liability.

87-140 - Famous mark; factors; remedies.

87-141 - Injunction; damages; attorney's fees.

87-142 - Cancellation or registration of mark; action; procedure.

87-143 - Common law; construction of act.

87-144 - Fees; not refundable.

87-208 - Terms, defined.

87-209 - Trade name; not registered; when.

87-210 - Trade name; application for registration; requirements; Secretary of State.

87-211 - Trade name; registration; term effective; renewal; fee; statement.

87-212 - Trade name; assignment; recordation; fee.

87-213 - Secretary of State; record; public examination.

87-214 - Registration; Secretary of State; cancel; when.

87-215 - False representation or declaration; damages.

87-216 - Action for misuse; when.

87-217 - Injury to business; injunction; remedies; attorney's fees.

87-218 - Trade name; enforcement of rights.

87-219 - Trade name; publication; file; failure; effect.

87-219.01 - Trade name; protest registration; procedure.

87-301 - Terms, defined.

87-302 - Deceptive trade practices; enumerated.

87-303 - Deceptive trade practices; damages; injunction; costs; additional remedy.

87-303.01 - Unconscionable act or practice; violation; determination.

87-303.02 - Deceptive trade practice or unconscionable act; Attorney General; powers.

87-303.03 - Attorney General; additional powers.

87-303.04 - Attorney General; order; failure or refusal to obey; court; powers.

87-303.05 - Attorney General; temporary restraining order; civil action; written assurance of voluntary compliance; deceptive practice; burden of proof.

87-303.06 - Claims not barred.

87-303.07 - Sale or lease agreement; unenforceable; when.

87-303.08 - Violations; penalty.

87-303.09 - Injunction, declaratory judgment, written assurance; violation; penalty.

87-303.10 - Civil action; statute of limitations.

87-303.11 - Violations; civil penalty; recovery; procedure.

87-303.12 - Copy of pleadings, orders, judgments, and notices; provided to Attorney General; right to intervene.

87-304 - Applicability of act.

87-305 - Act, how construed.

87-306 - Act, how cited.

87-401 - Legislative intent.

87-402 - Terms, defined.

87-403 - Franchise; sections, applicable; when.

87-404 - Franchise; termination, cancellation, or failure to renew; notice; when; good cause; noncompete agreement; reform; when; franchisor; duties.

87-405 - Franchisee; transfer, assign, or sell franchise or interest therein; notice; contents; franchisor; approval required.

87-406 - Prohibited practices; enumerated.

87-407 - Sections; applicability.

87-408 - Action by franchisee; defense.

87-409 - Franchisee; action to recover damages; injunction; costs.

87-410 - Act, how cited.

87-411 - Motor fuel franchises; death of franchisee; effect.

87-412 - Designation of successor in interest; rights; notice of election to operate franchise.

87-413 - Successor in interest; trial lease and franchise agreement; procedure.

87-414 - Applicability of sections.

87-501 - Act, how cited.

87-502 - Terms, defined.

87-503 - Misappropriation; injunction; royalty; affirmative acts.

87-504 - Misappropriation; damages.

87-505 - Court proceedings; preserve secrecy.

87-506 - Statute of limitation.

87-507 - Applicability of act.

87-601 - Act, how cited.

87-602 - Terms, defined.

87-603 - Contract for invention development services; requirements; option to terminate.

87-604 - Contract for invention development services; cover sheet; contents; invention developer; duties.

87-605 - Contract for invention development services; written report; contents.

87-606 - Contract for invention development services; contents.

87-607 - Contract for invention development services; voidable; when; civil action authorized; additional amount distributed to common schools; when; rebuttable presumption.

87-608 - Attorney General; enforcement duties; civil penalty.

87-609 - Invention developer; bond; filings required; fees.

87-610 - Remedies; not exclusive.

87-701 - Act, how cited.

87-702 - Legislative findings.

87-703 - Terms, defined.

87-704 - Prohibited acts.

87-705 - Dealer agreement; terminate, cancel, or not renew; notice; sale or transfer; duties of supplier.

87-706 - Repair parts; returns; duties of supplier.

87-707 - Termination of dealer agreement; supplier and dealer; rights and duties; liability.

87-708 - Death or incapacity of dealer; heirs or personal representative; rights and remedies.

87-709 - Dealer agreement; void and unenforceable; when; violations; remedies.

87-710 - Obligations; applicability to successors.

87-711 - Act; applicability.

87-801 - Act, how cited.

87-802 - Terms, defined.

87-803 - Breach of security; investigation; notice to resident; notice to Attorney General.

87-804 - Compliance with notice requirements; manner.

87-805 - Waiver; void and unenforceable.

87-806 - Attorney General; powers; violation; how treated.

87-807 - Act; applicability.

87-808 - Security procedures and practices; disclosure of computerized data; contract provisions; compliance.