Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 23 - General Obligation and Construction of Contract
Section 2303 - Allocation or division of risks

§ 2303. Allocation or division of risks. Where this division 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.

Structure Pennsylvania Consolidated & Unconsolidated Statutes

Pennsylvania Consolidated & Unconsolidated Statutes

Title 13 - COMMERCIAL CODE

Chapter 23 - General Obligation and Construction of Contract

Extra - Chapter Notes

Section 2301 - General obligations of parties

Section 2302 - Unconscionable contract or clause

Section 2303 - Allocation or division of risks

Section 2304 - Price payable in money, goods, realty or otherwise

Section 2305 - Open price term

Section 2306 - Output, requirements and exclusive dealings

Section 2307 - Delivery in single lot or several lots

Section 2308 - Absence of specified place for delivery

Section 2309 - Absence of specific time provisions; notice of termination

Section 2310 - Open time for payment or running of credit; authority to ship under reservation

Section 2311 - Options and cooperation respecting performance

Section 2312 - Warranty of title and against infringement; obligation of buyer against infringement

Section 2313 - Express warranties by affirmation, promise, description or sample

Section 2314 - Implied warranty: merchantability; usage of trade

Section 2315 - Implied warranty: fitness for particular purpose

Section 2316 - Exclusion or modification of warranties

Section 2317 - Cumulation and conflict of warranties express or implied

Section 2318 - Third party beneficiaries of warranties express or implied

Section 2319 - F.O.B. and F.A.S. terms

Section 2320 - C.I.F. and C. & F. terms

Section 2321 - C.I.F. or C. & F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival

Section 2322 - Delivery "ex-ship."

Section 2323 - Form of bill of lading required in overseas shipment; "overseas."

Section 2324 - "No arrival, no sale" term

Section 2325 - "Letter of credit" term; "confirmed credit."

Section 2326 - Sale on approval and sale or return; rights of creditors

Section 2327 - Special incidents of sale on approval and sale or return

Section 2328 - Sale by auction