New York Uniform Commercial Code Law Part 3 - GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT

• 2-301 - General Obligations of Parties.
  Section 2--301. General Obligations of Parties. The obligation of the seller is to transfer and deliver and that of the buyer is to accept and...
• 2-302 - Unconscionable Contract or Clause.
  Section 2--302. Unconscionable Contract or Clause. (1) If the court as a matter of law finds the contract or any clause of the contract to...
• 2-303 - Allocation or Division of Risks.
  Section 2--303. Allocation or Division of Risks. Where this Article allocates a risk or a burden as between the parties "unless otherwise agreed", the agreement...
• 2-304 - Price Payable in Money, Goods, Realty, or Otherwise.
  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...
• 2-305 - Open Price Term.
  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....
• 2-306 - Output, Requirements and Exclusive Dealings.
  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...
• 2-307 - Delivery in Single Lot or Several Lots.
  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...
• 2-308 - Absence of Specified Place for Delivery.
  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...
• 2-309 - Absence of Specific Time Provisions; Notice of Termination.
  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...
• 2-310 - Open Time for Payment or Running of Credit; Authority to Ship Under Reservation.
  Section 2--310. Open Time for Payment or Running of Credit; Authority to Ship Under Reservation. Unless otherwise agreed (a) payment is due at the time...
• 2-311 - Options and Cooperation Respecting Performance.
  Section 2--311. Options and Cooperation Respecting Performance. (1) An agreement for sale which is otherwise sufficiently definite (subsection (3) of Section 2--204) to be a...
• 2-312 - Warranty of Title and Against Infringement; Buyer's Obligation Against Infringement.
  Section 2--312. Warranty of Title and Against Infringement; Buyer's Obligation Against Infringement. (1) Subject to subsection (2) there is in a contract for sale a...
• 2-313 - Express Warranties by Affirmation, Promise, Description, Sample.
  Section 2--313. Express Warranties by Affirmation, Promise, Description, Sample. (1) Express warranties by the seller are created as follows: (a) Any affirmation of fact or...
• 2-314 - Implied Warranty: Merchantability; Usage of Trade.
  Section 2--314. Implied Warranty: Merchantability; Usage of Trade. (1) Unless excluded or modified (Section 2--316), a warranty that the goods shall be merchantable is implied...
• 2-315 - Implied Warranty: Fitness for Particular Purpose.
  Section 2--315. Implied Warranty: Fitness for Particular Purpose. Where the seller at the time of contracting has reason to know any particular purpose for which...
• 2-316 - Exclusion or Modification of Warranties.
  Section 2--316. Exclusion or Modification of Warranties. (1) Words or conduct relevant to the creation of an express warranty and words or conduct tending to...
• 2-317 - Cumulation and Conflict of Warranties Express or Implied.
  Section 2--317. Cumulation and Conflict of Warranties Express or Implied. Warranties whether express or implied shall be construed as consistent with each other and as...
• 2-318 - Third Party Beneficiaries of Warranties Express or Implied.
  Section 2--318. Third Party Beneficiaries of Warranties Express or Implied. A seller's warranty whether express or implied extends to any natural person if it is...
• 2-319 - F. O. B. and F. A. S. Terms.
  Section 2--319. F. O. B. and F. A. S. Terms. (1) Unless otherwise agreed the term F. O. B. (which means "free on board") at...
• 2-320 - C. I. F. and C. & F. Terms.
  Section 2--320. C. I. F. and C. & F. Terms. (1) The term C. I. F. means that the price includes in a lump sum...
• 2-321 - C. I. F. or C. & F.: "Net Landed Weights"; "Payment on Arrival"; Warranty of Condition on Arrival.
  Section 2--321. C. I. F. or C. & F.: "Net Landed Weights"; "Payment on Arrival"; Warranty of Condition on Arrival. Under a contract containing a...
• 2-322 - Delivery "Ex-Ship".
  Section 2--322. Delivery "Ex-Ship". (1) Unless otherwise agreed a term for delivery of goods "ex-ship" (which means from the carrying vessel) or in equivalent language...
• 2-323 - Form of Bill of Lading Required in Overseas Shipment; "Overseas".
  Section 2--323. Form of Bill of Lading Required in Overseas Shipment; "Overseas". (1) Where the contract contemplates overseas shipment and contains a term C. I....
• 2-324 - "No Arrival, No Sale" Term.
  Section 2--324. "No Arrival, No Sale" Term. Under a term "no arrival, no sale" or terms of like meaning, unless otherwise agreed, (a) the seller...
• 2-325 - "Letter of Credit" Term; "Confirmed Credit".
  Section 2--325. "Letter of Credit" Term; "Confirmed Credit". (1) Failure of the buyer seasonably to furnish an agreed letter of credit is a breach of...
• 2-326 - Sale on Approval and Sale or Return; Rights of Creditors.
  Section 2--326. Sale on Approval and Sale or Return; Rights of Creditors. (1) Unless otherwise agreed, if delivered goods may be returned by the buyer...
• 2-327 - Special Incidents of Sale on Approval and Sale or Return.
  Section 2--327. Special Incidents of Sale on Approval and Sale or Return. (1) Under a sale on approval unless otherwise agreed (a) although the goods...
• 2-328 - Sale by Auction.
  Section 2--328. Sale by Auction. (1) In a sale by auction if goods are put up in lots each lot is the subject of a...

Last modified: February 3, 2019