Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Subchapter A. Short Title, General Construction and Subject Matter
Section 2.101. Short Title - Sec. 2.101. SHORT TITLE. This chapter may be cited as...
Section 2.102. Scope; Certain Security and Other Transactions Excluded From This Chapter - Sec. 2.102. SCOPE; CERTAIN SECURITY AND OTHER TRANSACTIONS EXCLUDED FROM...
Section 2.103. Definitions and Index of Definitions - Sec. 2.103. DEFINITIONS AND INDEX OF DEFINITIONS. (a) In this...
Section 2.104. Definitions: "Merchant"; "Between Merchants"; "Financing Agency" - Sec. 2.104. DEFINITIONS: "MERCHANT"; "BETWEEN MERCHANTS"; "FINANCING AGENCY". (a) "Merchant"...
Section 2.105. Definitions: Transferability; "Goods"; "Future" Goods; "Lot"; "Commercial Unit" - Sec. 2.105. DEFINITIONS: TRANSFERABILITY; "GOODS"; "FUTURE" GOODS; "LOT"; "COMMERCIAL UNIT"....
Section 2.106. Definitions: "Contract"; "Agreement"; "Contract for Sale"; "Sale"; "Present Sale"; "Conforming" to Contract; "Termination"; "Cancellation" - Sec. 2.106. DEFINITIONS: "CONTRACT"; "AGREEMENT"; "CONTRACT FOR SALE"; "SALE"; "PRESENT...
Section 2.107. Goods to Be Severed From Realty: Recording - Sec. 2.107. GOODS TO BE SEVERED FROM REALTY: RECORDING. (a)...
Subchapter B. Form, Formation and Readjustment of Contract
Section 2.201. Formal Requirements; Statute of Frauds - Sec. 2.201. FORMAL REQUIREMENTS; STATUTE OF FRAUDS. (a) Except as...
Section 2.202. Final Written Expression: Parol or Extrinsic Evidence - Sec. 2.202. FINAL WRITTEN EXPRESSION: PAROL OR EXTRINSIC EVIDENCE. Terms...
Section 2.203. Seals Inoperative - Sec. 2.203. SEALS INOPERATIVE. The affixing of a seal to...
Section 2.204. Formation in General - Sec. 2.204. FORMATION IN GENERAL. (a) A contract for sale...
Section 2.205. Firm Offers - Sec. 2.205. FIRM OFFERS. An offer by a merchant to...
Section 2.206. Offer and Acceptance in Formation of Contract - Sec. 2.206. OFFER AND ACCEPTANCE IN FORMATION OF CONTRACT. (a)...
Section 2.207. Additional Terms in Acceptance or Confirmation - Sec. 2.207. ADDITIONAL TERMS IN ACCEPTANCE OR CONFIRMATION. (a) A...
Section 2.209. Modification, Rescission and Waiver - Sec. 2.209. MODIFICATION, RESCISSION AND WAIVER. (a) An agreement modifying...
Section 2.210. Delegation of Performance; Assignment of Rights - Sec. 2.210. DELEGATION OF PERFORMANCE; ASSIGNMENT OF RIGHTS. (a) A...
Subchapter C. General Obligation and Construction of Contract
Section 2.301. General Obligations of Parties - Sec. 2.301. GENERAL OBLIGATIONS OF PARTIES. The obligation of the...
Section 2.302. Unconscionable Contract or Clause - Sec. 2.302. UNCONSCIONABLE CONTRACT OR CLAUSE. (a) If the court...
Section 2.303. Allocation or Division of Risks - Sec. 2.303. ALLOCATION OR DIVISION OF RISKS. Where this chapter...
Section 2.304. Price Payable in Money, Goods, Realty, or Otherwise - Sec. 2.304. PRICE PAYABLE IN MONEY, GOODS, REALTY, OR OTHERWISE....
Section 2.305. Open Price Term - Sec. 2.305. OPEN PRICE TERM. (a) The parties if they...
Section 2.306. Output, Requirements and Exclusive Dealings - Sec. 2.306. OUTPUT, REQUIREMENTS AND EXCLUSIVE DEALINGS. (a) A term...
Section 2.307. Delivery in Single Lot or Several Lots - Sec. 2.307. DELIVERY IN SINGLE LOT OR SEVERAL LOTS. Unless...
Section 2.308. Absence of Specified Place for Delivery - Sec. 2.308. ABSENCE OF SPECIFIED PLACE FOR DELIVERY. Unless otherwise...
Section 2.309. Absence of Specific Time Provisions; Notice of Termination - Sec. 2.309. ABSENCE OF SPECIFIC TIME PROVISIONS; NOTICE OF TERMINATION....
Section 2.310. Open Time for Payment or Running of Credit; Authority to Ship Under Reservation - Sec. 2.310. OPEN TIME FOR PAYMENT OR RUNNING OF CREDIT;...
Section 2.311. Options and Cooperation Respecting Performance - Sec. 2.311. OPTIONS AND COOPERATION RESPECTING PERFORMANCE. (a) An agreement...
Section 2.312. Warranty of Title and Against Infringement; Buyer's Obligation Against Infringement - Sec. 2.312. WARRANTY OF TITLE AND AGAINST INFRINGEMENT; BUYER'S OBLIGATION...
Section 2.313. Express Warranties by Affirmation, Promise, Description, Sample - Sec. 2.313. EXPRESS WARRANTIES BY AFFIRMATION, PROMISE, DESCRIPTION, SAMPLE. (a)...
Section 2.314. Implied Warranty: Merchantability; Usage of Trade - Sec. 2.314. IMPLIED WARRANTY: MERCHANTABILITY; USAGE OF TRADE. (a) Unless...
Section 2.315. Implied Warranty: Fitness for Particular Purpose - Sec. 2.315. IMPLIED WARRANTY: FITNESS FOR PARTICULAR PURPOSE. Where the...
Section 2.316. Exclusion or Modification of Warranties - Sec. 2.316. EXCLUSION OR MODIFICATION OF WARRANTIES. (a) Words or...
Section 2.317. Cumulation and Conflict of Warranties Express or Implied - Sec. 2.317. CUMULATION AND CONFLICT OF WARRANTIES EXPRESS OR IMPLIED....
Section 2.318. Chapter Neutral on Question of Third Party Beneficiaries of Warranties of Quality and on Need for Privity of Contract - Sec. 2.318. CHAPTER NEUTRAL ON QUESTION OF THIRD PARTY BENEFICIARIES...
Section 2.319. F - Sec. 2.319. F.O.B. AND F.A.S. TERMS. (a) Unless otherwise agreed...
Section 2.320. C - Sec. 2.320. C.I.F. AND C. & F. TERMS. (a) The...
Section 2.321. C - Sec. 2.321. C.I.F. OR C. & F.: "NET LANDED WEIGHTS";...
Section 2.322. Delivery "Ex-Ship" - Sec. 2.322. DELIVERY "EX-SHIP". (a) Unless otherwise agreed a term...
Section 2.323. Form of Bill of Lading Required in Overseas Shipment; "Overseas" - Sec. 2.323. FORM OF BILL OF LADING REQUIRED IN OVERSEAS...
Section 2.324. "No Arrival, No Sale" Term - Sec. 2.324. "NO ARRIVAL, NO SALE" TERM. Under a term...
Section 2.325. "Letter of Credit" Term; "Confirmed Credit" - Sec. 2.325. "LETTER OF CREDIT" TERM; "CONFIRMED CREDIT". (a) Failure...
Section 2.326. Sale on Approval and Sale or Return; Rights of Creditors - Sec. 2.326. SALE ON APPROVAL AND SALE OR RETURN; RIGHTS...
Section 2.327. Special Incidents of Sale on Approval and Sale or Return - Sec. 2.327. SPECIAL INCIDENTS OF SALE ON APPROVAL AND SALE...
Section 2.328. Sale by Auction - Sec. 2.328. SALE BY AUCTION. (a) In a sale by...
Subchapter D. Title, Creditors and Good Faith Purchasers
Section 2.401. Passing of Title; Reservation for Security; Limited Application of This Section - Sec. 2.401. PASSING OF TITLE; RESERVATION FOR SECURITY; LIMITED APPLICATION...
Section 2.402. Rights of Seller's Creditors Against Sold Goods - Sec. 2.402. RIGHTS OF SELLER'S CREDITORS AGAINST SOLD GOODS. (a)...
Section 2.403. Power to Transfer; Good Faith Purchase of Goods; "Entrusting" - Sec. 2.403. POWER TO TRANSFER; GOOD FAITH PURCHASE OF GOODS;...
Subchapter E. Performance
Section 2.501. Insurable Interest in Goods; Manner of Identification of Goods - Sec. 2.501. INSURABLE INTEREST IN GOODS; MANNER OF IDENTIFICATION OF...
Section 2.502. Buyer's Right to Goods on Seller's Repudiation, Failure to Deliver, or Insolvency - Sec. 2.502. BUYER'S RIGHT TO GOODS ON SELLER'S REPUDIATION, FAILURE...
Section 2.503. Manner of Seller's Tender of Delivery - Sec. 2.503. MANNER OF SELLER'S TENDER OF DELIVERY. (a) Tender...
Section 2.504. Shipment by Seller - Sec. 2.504. SHIPMENT BY SELLER. Where the seller is required...
Section 2.505. Seller's Shipment Under Reservation - Sec. 2.505. SELLER'S SHIPMENT UNDER RESERVATION. (a) Where the seller...
Section 2.506. Rights of Financing Agency - Sec. 2.506. RIGHTS OF FINANCING AGENCY. (a) A financing agency...
Section 2.507. Effect of Seller's Tender; Delivery on Condition - Sec. 2.507. EFFECT OF SELLER'S TENDER; DELIVERY ON CONDITION. (a)...
Section 2.508. Cure by Seller of Improper Tender or Delivery; Replacement - Sec. 2.508. CURE BY SELLER OF IMPROPER TENDER OR DELIVERY;...
Section 2.509. Risk of Loss in the Absence of Breach - Sec. 2.509. RISK OF LOSS IN THE ABSENCE OF BREACH....
Section 2.510. Effect of Breach on Risk of Loss - Sec. 2.510. EFFECT OF BREACH ON RISK OF LOSS. (a)...
Section 2.511. Tender of Payment by Buyer; Payment by Check - Sec. 2.511. TENDER OF PAYMENT BY BUYER; PAYMENT BY CHECK....
Section 2.512. Payment by Buyer Before Inspection - Sec. 2.512. PAYMENT BY BUYER BEFORE INSPECTION. (a) Where the...
Section 2.513. Buyer's Right to Inspection of Goods - Sec. 2.513. BUYER'S RIGHT TO INSPECTION OF GOODS. (a) Unless...
Section 2.514. When Documents Deliverable on Acceptance; When on Payment - Sec. 2.514. WHEN DOCUMENTS DELIVERABLE ON ACCEPTANCE; WHEN ON PAYMENT....
Section 2.515. Preserving Evidence of Goods in Dispute - Sec. 2.515. PRESERVING EVIDENCE OF GOODS IN DISPUTE. In furtherance...
Subchapter F. Breach, Repudiation and Excuse
Section 2.601. Buyer's Rights on Improper Delivery - Sec. 2.601. BUYER'S RIGHTS ON IMPROPER DELIVERY. Subject to the...
Section 2.602. Manner and Effect of Rightful Rejection - Sec. 2.602. MANNER AND EFFECT OF RIGHTFUL REJECTION. (a) Rejection...
Section 2.603. Merchant Buyer's Duties as to Rightfully Rejected Goods - Sec. 2.603. MERCHANT BUYER'S DUTIES AS TO RIGHTFULLY REJECTED GOODS....
Section 2.604. Buyer's Options as to Salvage of Rightfully Rejected Goods - Sec. 2.604. BUYER'S OPTIONS AS TO SALVAGE OF RIGHTFULLY REJECTED...
Section 2.605. Waiver of Buyer's Objections by Failure to Particularize - Sec. 2.605. WAIVER OF BUYER'S OBJECTIONS BY FAILURE TO PARTICULARIZE....
Section 2.606. What Constitutes Acceptance of Goods - Sec. 2.606. WHAT CONSTITUTES ACCEPTANCE OF GOODS. (a) Acceptance of...
Section 2.607. Effect of Acceptance; Notice of Breach; Burden of Establishing Breach After Acceptance; Notice of Claim or Litigation to Person Answerable Over - Sec. 2.607. EFFECT OF ACCEPTANCE; NOTICE OF BREACH; BURDEN OF...
Section 2.608. Revocation of Acceptance in Whole or in Part - Sec. 2.608. REVOCATION OF ACCEPTANCE IN WHOLE OR IN PART....
Section 2.609. Right to Adequate Assurance of Performance - Sec. 2.609. RIGHT TO ADEQUATE ASSURANCE OF PERFORMANCE. (a) A...
Section 2.610. Anticipatory Repudiation - Sec. 2.610. ANTICIPATORY REPUDIATION. When either party repudiates the contract...
Section 2.611. Retraction of Anticipatory Repudiation - Sec. 2.611. RETRACTION OF ANTICIPATORY REPUDIATION. (a) Until the repudiating...
Section 2.612. "Installment Contract"; Breach - Sec. 2.612. "INSTALLMENT CONTRACT"; BREACH. (a) An "installment contract" is...
Section 2.613. Casualty to Identified Goods - Sec. 2.613. CASUALTY TO IDENTIFIED GOODS. Where the contract requires...
Section 2.614. Substituted Performance - Sec. 2.614. SUBSTITUTED PERFORMANCE. (a) Where without fault of either...
Section 2.615. Excuse by Failure of Presupposed Conditions - Sec. 2.615. EXCUSE BY FAILURE OF PRESUPPOSED CONDITIONS. Except so...
Section 2.616. Procedure on Notice Claiming Excuse - Sec. 2.616. PROCEDURE ON NOTICE CLAIMING EXCUSE. (a) Where the...
Subchapter G. Remedies
Section 2.701. Remedies for Breach of Collateral Contracts Not Impaired - Sec. 2.701. REMEDIES FOR BREACH OF COLLATERAL CONTRACTS NOT IMPAIRED....
Section 2.702. Seller's Remedies on Discovery of Buyer's Insolvency - Sec. 2.702. SELLER'S REMEDIES ON DISCOVERY OF BUYER'S INSOLVENCY. (a)...
Section 2.703. Seller's Remedies in General - Sec. 2.703. SELLER'S REMEDIES IN GENERAL. Where the buyer wrongfully...
Section 2.704. Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods - Sec. 2.704. SELLER'S RIGHT TO IDENTIFY GOODS TO THE CONTRACT...
Section 2.705. Seller's Stoppage of Delivery in Transit or Otherwise - Sec. 2.705. SELLER'S STOPPAGE OF DELIVERY IN TRANSIT OR OTHERWISE....
Section 2.706. Seller's Resale Including Contract for Resale - Sec. 2.706. SELLER'S RESALE INCLUDING CONTRACT FOR RESALE. (a) Under...
Section 2.707. "Person in the Position of a Seller" - Sec. 2.707. "PERSON IN THE POSITION OF A SELLER". (a)...
Section 2.708. Seller's Damages for Non-Acceptance or Repudiation - Sec. 2.708. SELLER'S DAMAGES FOR NON-ACCEPTANCE OR REPUDIATION. (a) Subject...
Section 2.709. Action for the Price - Sec. 2.709. ACTION FOR THE PRICE. (a) When the buyer...
Section 2.710. Seller's Incidental Damages - Sec. 2.710. SELLER'S INCIDENTAL DAMAGES. Incidental damages to an aggrieved...
Section 2.711. Buyer's Remedies in General; Buyer's Security Interest in Rejected Goods - Sec. 2.711. BUYER'S REMEDIES IN GENERAL; BUYER'S SECURITY INTEREST IN...
Section 2.712. "Cover"; Buyer's Procurement of Substitute Goods - Sec. 2.712. "COVER"; BUYER'S PROCUREMENT OF SUBSTITUTE GOODS. (a) After...
Section 2.713. Buyer's Damages for Non-Delivery or Repudiation - Sec. 2.713. BUYER'S DAMAGES FOR NON-DELIVERY OR REPUDIATION. (a) Subject...
Section 2.714. Buyer's Damages for Breach in Regard to Accepted Goods - Sec. 2.714. BUYER'S DAMAGES FOR BREACH IN REGARD TO ACCEPTED...
Section 2.715. Buyer's Incidental and Consequential Damages - Sec. 2.715. BUYER'S INCIDENTAL AND CONSEQUENTIAL DAMAGES. (a) Incidental damages...
Section 2.716. Buyer's Right to Specific Performance or Replevin - Sec. 2.716. BUYER'S RIGHT TO SPECIFIC PERFORMANCE OR REPLEVIN. (a)...
Section 2.717. Deduction of Damages From the Price - Sec. 2.717. DEDUCTION OF DAMAGES FROM THE PRICE. The buyer...
Section 2.718. Liquidation or Limitation of Damages; Deposits - Sec. 2.718. LIQUIDATION OR LIMITATION OF DAMAGES; DEPOSITS. (a) Damages...
Section 2.719. Contractual Modification or Limitation of Remedy - Sec. 2.719. CONTRACTUAL MODIFICATION OR LIMITATION OF REMEDY. (a) Subject...
Section 2.720. Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach - Sec. 2.720. EFFECT OF "CANCELLATION" OR "RESCISSION" ON CLAIMS FOR...
Section 2.721. Remedies for Fraud - Sec. 2.721. REMEDIES FOR FRAUD. Remedies for material misrepresentation or...
Section 2.722. Who Can Sue Third Parties for Injury to Goods - Sec. 2.722. WHO CAN SUE THIRD PARTIES FOR INJURY TO...
Section 2.723. Proof of Market Price: Time and Place - Sec. 2.723. PROOF OF MARKET PRICE: TIME AND PLACE. (a)...
Section 2.724. Admissibility of Market Quotations - Sec. 2.724. ADMISSIBILITY OF MARKET QUOTATIONS. Whenever the prevailing price...
Section 2.725. Statute of Limitations in Contracts for Sale - Sec. 2.725. STATUTE OF LIMITATIONS IN CONTRACTS FOR SALE. (a)...