Vermont Statutes
Article 2 - Sales
§ 2—102. Scope; certain security and other transactions excluded from this article

§ 2—102. Scope; certain security and other transactions excluded from this article
Unless the context otherwise requires, this article applies to transactions in goods; it does not apply to any transaction which although in the form of an unconditional contract to sell or present sale is intended to operate only as a security transaction nor does this article impair or repeal any statute regulating sales to consumers, farmers or other specified classes of buyers.

Structure Vermont Statutes

Vermont Statutes

Title 9A - Uniform Commercial Code

Article 2 - Sales

§ 2—101. Short title

§ 2—102. Scope; certain security and other transactions excluded from this article

§ 2—103. Definitions and index of definitions

§ 2—104. Definitions: “merchant”; “between merchants”; “financing agency”

§ 2—105. Definitions: transferability; “goods”; “future” goods; “lot”; “commercial unit”

§ 2—106. Definitions: “contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation”

§ 2—107. Goods to be severed from realty: recording

§ 2—108. Miscellaneous health provisions; blood or tissue transfer services

§ 2—201. Formal requirements; statute of frauds

§ 2—202. Final written expression: parol or extrinsic evidence

§ 2—203. Seals inoperative

§ 2—204. Formation in general

§ 2—205. Firm offers

§ 2—206. Offer and acceptance in formation of contract

§ 2—207. Additional terms in acceptance or confirmation

§ 2—209. Modification, rescission, and waiver

§ 2—210. Delegation of performance; assignment of rights

§ 2—301. General obligations of parties

§ 2—302. Unconscionable contract or clause

§ 2—303. Allocation or division of risks

§ 2—304. Price payable in money, goods, realty, or otherwise

§ 2—305. Open price term

§ 2—306. Output, requirements, and exclusive dealings

§ 2—307. Delivery in single lot or several lots

§ 2—308. Absence of specified place for delivery

§ 2—309. Absence of specific time provisions; notice of termination

§ 2—310. Open time for payment or running of credit; authority to ship under reservation

§ 2—311. Options and cooperation respecting performance

§ 2—312. Warranty of title and against infringement; buyer’s obligation against infringement

§ 2—313. Express warranties by affirmation, promise, description, sample

§ 2—314. Implied warranty: merchantability; usage of trade

§ 2—315. Implied warranty: fitness for particular purpose

§ 2—316. Exclusion or modification of warranties

§ 2—317. Cumulation and conflict of warranties express or implied

§ 2—318. Third party beneficiaries of warranties express or implied

§ 2—319. F.O.B. and F.A.S. terms

§ 2—320. C.I.F. and C. & F. terms

§ 2—321. C.I.F. or C. & F.: “net landed weights”; “payment on arrival”; warranty of condition on arrival

§ 2—322. Delivery “ex-ship”

§ 2—323. Form of bill of lading required in overseas shipment; “overseas”

§ 2—324. “No arrival, no sale” term

§ 2—325. “Letter of credit” term; “confirmed credit”

§ 2—326. Sale on approval and sale or return; rights of creditors

§ 2—327. Special incidents of sale on approval and sale or return

§ 2—328. Sale by auction

§ 2—401. Passing of title; reservation for security; limited application of this section

§ 2—402. Rights of seller’s creditors against sold goods

§ 2—403. Power to transfer; good faith purchase of goods; “entrusting”

§ 2—501. Insurable interest in goods; manner of identification of goods

§ 2—502. Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency

§ 2—503. Manner of seller’s tender of delivery

§ 2—504. Shipment by seller

§ 2—505. Seller’s shipment under reservation

§ 2—506. Rights of financing agency

§ 2—507. Effect of seller’s tender; delivery on condition

§ 2—508. Cure by seller of improper tender or delivery; replacement

§ 2—509. Risk of loss in the absence of breach

§ 2—510. Effect of breach on risk of loss

§ 2—511. Tender of payment by buyer; payment by check

§ 2—512. Payment by buyer before inspection

§ 2—513. Buyer’s right to inspection of goods

§ 2—514. When documents deliverable on acceptance; when on payment

§ 2—515. Preserving evidence of goods in dispute

§ 2—601. Buyer’s rights on improper delivery

§ 2—602. Manner and effect of rightful rejection

§ 2—603. Merchant buyer’s duties as to rightfully rejected goods

§ 2—604. Buyer’s options as to salvage of rightfully rejected goods

§ 2—605. Waiver of buyer’s objections by failure to particularize

§ 2—606. What constitutes acceptance of goods

§ 2—607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over

§ 2—608. Revocation of acceptance in whole or in part

§ 2—609. Right to adequate assurance of performance

§ 2—610. Anticipatory repudiation

§ 2—611. Retraction of anticipatory repudiation

§ 2—612. “Installment contract”; breach

§ 2—613. Casualty to identified goods

§ 2—614. Substituted performance

§ 2—615. Excuse by failure of presupposed conditions

§ 2—616. Procedure on notice claiming excuse

§ 2—701. Remedies for breach of collateral contracts not impaired

§ 2—702. Seller’s remedies on discovery of buyer’s insolvency

§ 2—703. Seller’s remedies in general

§ 2—704. Seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods

§ 2—705. Seller’s stoppage of delivery in transit or otherwise

§ 2—706. Seller’s resale including contract for resale

§ 2—707. “Person in the position of a seller”

§ 2—708. Seller’s damages for non-acceptance or repudiation

§ 2—709. Action for the price

§ 2—710. Seller’s incidental damages

§ 2—711. Buyer’s remedies in general; buyer’s security interest in rejected goods

§ 2—712. “Cover”; buyer’s procurement of substitute goods

§ 2—713. Buyer’s damages for non-delivery or repudiation

§ 2—714. Buyer’s damages for breach in regard to accepted goods

§ 2—715. Buyer’s incidental and consequential damages

§ 2—716. Buyer’s right to specific performance or replevin

§ 2—717. Deduction of damages from the price

§ 2—718. Liquidation or limitation of damages; deposits

§ 2—719. Contractual modification or limitation of remedy

§ 2—720. Effect of “cancellation” or “rescission” on claims for antecedent breach

§ 2—721. Remedies for fraud

§ 2—722. Who can sue third parties for injury to goods

§ 2—723. Proof of market price: time and place

§ 2—724. Admissibility of market quotations

§ 2—725. Statute of limitations in contracts for sale