US Lawyer Database

Section 2-502 – Buyer’s Right to Goods on Seller’s Insolvency

    (1)    Subject to subsections (2) and (3) and even though the goods have not been shipped a buyer who has paid a part or all of the price of goods in which he has a special property under the provisions of the immediately preceding section may on making and keeping good a tender of any unpaid […]

Section 2-318 – Third Party Beneficiaries of Warranties Express or Implied

    A seller’s warranty whether express or implied extends to any natural person who is in the family or household of his buyer or who is a guest in his home or any other ultimate consumer or user of the goods or person affected thereby if it is reasonable to expect that such person may use, […]

Section 2-503 – Manner of Seller’s Tender of Delivery

    (1)    Tender of delivery requires that the seller put and hold conforming goods at the buyer’s disposition and give the buyer any notification reasonably necessary to enable him to take delivery. The manner, time and place for tender are determined by the agreement and this title, and in particular         (a)    Tender must be at a reasonable hour, […]

Section 2-304 – Price Payable in Money, Goods, Realty, or Otherwise

    (1)    The price can be made payable in money or otherwise. If it is payable in whole or in part in goods each party is a seller of the goods which he is to transfer.     (2)    Even though all or part of the price is payable in an interest in realty the transfer of the goods and […]

Section 2-305 – Open Price Term

    (1)    The parties if they so intend can conclude a contract for sale even though the price is not settled. In such a case the price is a reasonable price at the time for delivery if         (a)    Nothing is said as to price; or         (b)    The price is left to be agreed by the parties and they fail […]

Section 2-306 – Output, Requirements and Exclusive Dealings

    (1)    A term which measures the quantity by the output of the seller or the requirements of the buyer means such actual output or requirements as may occur in good faith, except that no quantity unreasonably disproportionate to any stated estimate or in the absence of a stated estimate to any normal or otherwise comparable prior […]

Section 2-307 – Delivery in Single Lot or Several Lots

    Unless otherwise agreed all goods called for by a contract for sale must be tendered in a single delivery and payment is due only on such tender but where the circumstances give either party the right to make or demand delivery in lots the price if it can be apportioned may be demanded for each […]

Section 2-308 – Absence of Specified Place for Delivery

    Unless otherwise agreed         (a)    The place for delivery of goods is the seller’s place of business or if he has none his residence; but         (b)    In a contract for sale of identified goods which to the knowledge of the parties at the time of contracting are in some other place, that place is the place for their […]

Section 2-309 – Absence of Specific Time Provisions; Notice of Termination

    (1)    The time for shipment or delivery or any other action under a contract if not provided in this title or agreed upon shall be a reasonable time.     (2)    Where the contract provides for successive performances but is indefinite in duration it is valid for a reasonable time but unless otherwise agreed may be terminated at any […]