South Dakota Codified Laws
Chapter 02 - Sales
Section 57A-2-303 - Allocation or division of risks.

57A-2-303. Allocation or division of risks.
Where this chapter 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.

Source: SL 1966, ch 150, §2-303; SDCL, §57-4-4.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 57A - Uniform Commercial Code

Chapter 02 - Sales

Section 57A-2-101 - Short title.

Section 57A-2-102 - Scope--Certain security and other transactions excluded from this chapter.

Section 57A-2-103 - Definitions and index of definitions.

Section 57A-2-104 - Definitions--"Merchant"--"Between merchants"--"Financing agency".

Section 57A-2-105 - Definitions--Transferability--"Goods"--"Future" Goods--"Lot"--"Commercial Unit".

Section 57A-2-106 - Definitions--"Contract"--"Agreement"--"Contract for Sale"--"Sale"--"Present sale"--"Conforming" to contract--"Termination"--"Cancellation".

Section 57A-2-107 - Goods to be severed from realty--Recording.

Section 57A-2-201 - Formal requirements--Statute of frauds.

Section 57A-2-202 - Final written expression--Parol or extrinsic evidence.

Section 57A-2-203 - Seals inoperative.

Section 57A-2-204 - Formation in general.

Section 57A-2-205 - Firm offers.

Section 57A-2-206 - Offer and acceptance in formation of contract.

Section 57A-2-207 - Additional terms in acceptance or confirmation.

Section 57A-2-209 - Modification, rescission and waiver.

Section 57A-2-210 - Delegation of performance--Assignment of rights.

Section 57A-2-301 - General obligation of parties.

Section 57A-2-302 - Unconscionable contract or clause.

Section 57A-2-303 - Allocation or division of risks.

Section 57A-2-304 - Price payable in money, goods, realty, or otherwise.

Section 57A-2-305 - Open price term.

Section 57A-2-306 - Output, requirements and exclusive dealings.

Section 57A-2-307 - Delivery in single lot or several lots.

Section 57A-2-308 - Absence of specified place for delivery.

Section 57A-2-309 - Absence of specific time provisions--Notice of termination.

Section 57A-2-310 - Open time for payment or running of credit--Authority to ship under reservation.

Section 57A-2-311 - Options and cooperation respecting performance.

Section 57A-2-312 - Warranty of title and against infringement--Buyer's obligation against infringement.

Section 57A-2-313 - Express warranties by affirmation, promise, description, sample.

Section 57A-2-314 - Implied warranty--Merchantability--Usage of trade.

Section 57A-2-315 - Implied warranty--Fitness for particular purpose.

Section 57A-2-315.1 - Implied warranties--Exclusion of sales of blood, blood plasma, human tissue or organs as medical services.

Section 57A-2-316 - Exclusion or modification of warranties.

Section 57A-2-316.1 - Cattle, hogs and sheep--No implied warranty as to disease.

Section 57A-2-317 - Cumulation and conflict of warranties express or implied.

Section 57A-2-318 - Third-party beneficiaries of warranties express or implied.

Section 57A-2-319 - F.O.B. and F.A.S. terms.

Section 57A-2-320 - C.I.F. and C. & F. terms.

Section 57A-2-321 - C.I.F. or C. & F.--"Net landed weights"--"Payment on arrival"--Warranty of condition on arrival.

Section 57A-2-322 - Delivery "ex-ship".

Section 57A-2-323 - Form of bill of lading required in overseas shipment--"Overseas".

Section 57A-2-324 - "No arrival, no sale" term.

Section 57A-2-325 - "Letter of credit" term--"Confirmed credit".

Section 57A-2-326 - Sale on approval and sale or return--Consignment sales and rights of creditors.

Section 57A-2-327 - Special incidents of sale on approval and sale or return.

Section 57A-2-328 - Sale by auction.

Section 57A-2-401 - Passing of title--Reservation for security--Limited application of this section.

Section 57A-2-402 - Rights of seller's creditors against sold goods.

Section 57A-2-403 - Power to transfer--Good faith purchase of goods--"Entrusting".

Section 57A-2-501 - Insurable interest in goods--Manner of identification of goods.

Section 57A-2-502 - Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.

Section 57A-2-503 - Manner of seller's tender of delivery.

Section 57A-2-504 - Shipment by seller.

Section 57A-2-505 - Seller's shipment under reservation.

Section 57A-2-506 - Rights of financing agency.

Section 57A-2-507 - Effect of seller's tender--Delivery on condition.

Section 57A-2-508 - Cure by seller of improper tender or delivery--Replacement.

Section 57A-2-509 - Risk of loss in the absence of breach.

Section 57A-2-510 - Effect of breach on risk of loss.

Section 57A-2-511 - Tender of payment by buyer--Payment by check.

Section 57A-2-512 - Payment by buyer before inspection.

Section 57A-2-513 - Buyer's right to inspection of goods.

Section 57A-2-514 - When documents deliverable on acceptance--When on payment.

Section 57A-2-515 - Preserving evidence of goods in dispute.

Section 57A-2-601 - Buyer's rights on improper delivery.

Section 57A-2-602 - Manner and effect of rightful rejection.

Section 57A-2-605 - Waiver of buyer's objections by failure to particularize.

Section 57A-2-606 - What constitutes acceptance of goods.

Section 57A-2-607 - Effect of acceptance--Notice of breach--Burden of establishing breach after acceptance--Notice of claim or litigation to person answerable over.

Section 57A-2-608 - Revocation of acceptance in whole or in part.

Section 57A-2-609 - Right to adequate assurance of performance.

Section 57A-2-610 - Anticipatory repudiation.

Section 57A-2-611 - Retraction of anticipatory repudiation.

Section 57A-2-612 - "Installment contract"--Breach.

Section 57A-2-613 - Casualty to identified goods.

Section 57A-2-614 - Substituted performance.

Section 57A-2-615 - Excuse by failure of presupposed conditions.

Section 57A-2-616 - Procedure on notice claiming excuse.

Section 57A-2-701 - Remedies for breach of collateral contracts not impaired.

Section 57A-2-702 - Seller's remedies on discovery of buyer's insolvency.

Section 57A-2-703 - Seller's remedies in general.

Section 57A-2-704 - Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.

Section 57A-2-705 - Seller's stoppage of delivery in transit or otherwise.

Section 57A-2-706 - Seller's resale including contract for resale.

Section 57A-2-707 - "Person in the position of a seller".

Section 57A-2-708 - Seller's damages for nonacceptance or repudiation.

Section 57A-2-709 - Action for the price.

Section 57A-2-710 - Seller's incidental damages.

Section 57A-2-712 - "Cover"--Buyer's procurement of substitute goods.

Section 57A-2-713 - Buyer's damages for nondelivery or repudiation.

Section 57A-2-714 - Buyer's damages for breach in regard to accepted goods.

Section 57A-2-715 - Buyer's incidental and consequential damages.

Section 57A-2-716 - Buyer's right to specific performance or replevin.

Section 57A-2-717 - Deduction of damages from the price.

Section 57A-2-718 - Liquidation or limitation of damages--Deposits.

Section 57A-2-719 - Contractual modification or limitation of remedy.

Section 57A-2-720 - Effect of "cancellation" or "rescission" on claims for antecedent breach.

Section 57A-2-721 - Remedies for fraud.

Section 57A-2-722 - Who can sue third parties for injury to goods.

Section 57A-2-723 - Proof of market price; time and place.

Section 57A-2-724 - Admissibility of market quotations.

Section 57A-2-725 - Statute of limitations in contracts for sale.