US Lawyer Database

Section 2-612 – “Installment Contract”; Breach

    (1)    An “installment contract” is one which requires or authorizes the delivery of goods in separate lots to be separately accepted, even though the contract contains a clause “each delivery is a separate contract” or its equivalent.     (2)    The buyer may reject any installment which is nonconforming if the nonconformity substantially impairs the value of that installment […]

Section 2-712 – “Cover”; Buyer’s Procurement of Substitute Goods

    (1)    After a breach within the preceding section the buyer may “cover” by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase goods in substitution for those due from the seller.     (2)    The buyer may recover from the seller as damages the difference between the cost of cover and the […]

Section 2-613 – Casualty to Identified Goods

    Where the contract requires for its performance goods identified when the contract is made and the goods suffer casualty without fault of either party before the risk of loss passes to the buyer, or in a proper case under a “no arrival, no sale” term (§ 2-324) then     (a)    If the loss is total the contract […]

Section 2-614 – Substituted Performance

    (1)    Where without fault of either party the agreed berthing, loading, or unloading facilities fail or an agreed type of carrier becomes unavailable or the agreed manner of delivery otherwise becomes commercially impracticable but a commercially reasonable substitute is available, such substitute performance must be tendered and accepted.     (2)    If the agreed means or manner of payment […]

Section 2-615 – Excuse by Failure of Presupposed Conditions

    Except so far as a seller may have assumed a greater obligation and subject to the preceding section on substituted performance:         (a)    Delay in delivery or nondelivery in whole or in part by a seller who complies with paragraphs (b) and (c) is not a breach of his duty under a contract for sale if performance […]

Section 2-616 – Procedure on Notice Claiming Excuse

    (1)    Where the buyer receives notification of a material or indefinite delay or an allocation justified under the preceding section he may by written notification to the seller as to any delivery concerned, and where the prospective deficiency substantially impairs the value of the whole contract under the provisions of this title relating to breach of […]

Section 2-702 – Seller’s Remedies on Discovery of Buyer’s Insolvency

    (1)    Where the seller discovers the buyer to be insolvent he may refuse delivery except for cash including payment for all goods theretofore delivered under the contract, and stop delivery under this title (§ 2-705).     (2)    Where the seller discovers that the buyer has received goods on credit while insolvent he may reclaim the goods upon demand […]

Section 2-703 – Seller’s Remedies in General

    Where the buyer wrongfully rejects or revokes acceptance of goods or fails to make a payment due on or before delivery or repudiates with respect to a part or the whole, then with respect to any goods directly affected and, if the breach is of the whole contract (§ 2-612), then also with respect to […]