New York Uniform Commercial Code Law Part 7 - REMEDIES

• 2-701 - Remedies for Breach of Collateral Contracts Not Impaired.
  Section 2--701. Remedies for Breach of Collateral Contracts Not Impaired. Remedies for breach of any obligation or promise collateral or ancillary to a contract for...
• 2-702 - Seller's Remedies on Discovery of Buyer's Insolvency.
  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...
• 2-703 - Seller's Remedies in General.
  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...
• 2-704 - Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods.
  Section 2--704. Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods. (1) An aggrieved seller under the preceding section...
• 2-705 - Seller's Stoppage of Delivery in Transit or Otherwise.
  Section 2--705. Seller's Stoppage of Delivery in Transit or Otherwise. (1) The seller may stop delivery of goods in the possession of a carrier or...
• 2-706 - Seller's Resale Including Contract for Resale.
  Section 2--706. Seller's Resale Including Contract for Resale. (1) Under the conditions stated in Section 2--703 on seller's remedies, the seller may resell the goods...
• 2-707 - "Person in the Position of a Seller".
  Section 2--707. "Person in the Position of a Seller". (1) A "person in the position of a seller" includes as against a principal an agent...
• 2-708 - Seller's Damages for Non-Acceptance or Repudiation.
  Section 2--708. Seller's Damages for Non-acceptance or Repudiation. (1) Subject to subsection (2) and to the provisions of this Article with respect to proof of...
• 2-709 - Action for the Price.
  Section 2--709. Action for the Price. (1) When the buyer fails to pay the price as it becomes due the seller may recover, together with...
• 2-710 - Seller's Incidental Damages.
  Section 2--710. Seller's Incidental Damages. Incidental damages to an aggrieved seller include any commercially reasonable charges, expenses or commissions incurred in stopping delivery, in the...
• 2-711 - Buyer's Remedies in General; Buyer's Security Interest in Rejected Goods.
  Section 2--711. Buyer's Remedies in General; Buyer's Security Interest in Rejected Goods. (1) Where the seller fails to make delivery or repudiates or the buyer...
• 2-712 - "Cover"; Buyer's Procurement of Substitute Goods.
  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...
• 2-713 - Buyer's Damages for Non-Delivery or Repudiation.
  Section 2--713. Buyer's Damages for Non-Delivery or Repudiation. (1) Subject to the provisions of this Article with respect to proof of market price (Section 2--723),...
• 2-714 - Buyer's Damages for Breach in Regard to Accepted Goods.
  Section 2--714. Buyer's Damages for Breach in Regard to Accepted Goods. (1) Where the buyer has accepted goods and given notification (subsection (3) of Section...
• 2-715 - Buyer's Incidental and Consequential Damages.
  Section 2--715. Buyer's Incidental and Consequential Damages. (1) Incidental damages resulting from the seller's breach include expenses reasonably incurred in inspection, receipt, transportation and care...
• 2-716 - Buyer's Right to Specific Performance or Replevin.
  Section 2--716. Buyer's Right to Specific Performance or Replevin. (1) Specific performance may be decreed where the goods are unique or in other proper circumstances....
• 2-717 - Deduction of Damages From the Price.
  Section 2--717. Deduction of Damages From the Price. The buyer on notifying the seller of his intention to do so may deduct all or any...
• 2-718 - Liquidation or Limitation of Damages; Deposits.
  Section 2--718. Liquidation or Limitation of Damages; Deposits. (1) Damages for breach by either party may be liquidated in the agreement but only at an...
• 2-719 - Contractual Modification or Limitation of Remedy.
  Section 2--719. Contractual Modification or Limitation of Remedy. (1) Subject to the provisions of subsections (2) and (3) of this section and of the preceding...
• 2-720 - Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach.
  Section 2--720. Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach. Unless the contrary intention clearly appears, expressions of "cancellation" or "rescission" of the...
• 2-721 - Remedies for Fraud.
  Section 2--721. Remedies for Fraud. Remedies for material misrepresentation or fraud include all remedies available under this Article for non-fraudulent breach. Neither rescission or a...
• 2-722 - Who Can Sue Third Parties for Injury to Goods.
  Section 2--722. Who Can Sue Third Parties for Injury to Goods. Where a third party so deals with goods which have been identified to a...
• 2-723 - Proof of Market Price: Time and Place.
  Section 2--723. Proof of Market Price: Time and Place. (1) If an action based on anticipatory repudiation comes to trial before the time for performance...
• 2-724 - Admissibility of Market Quotations.
  Section 2--724. Admissibility of Market Quotations. Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is...
• 2-725 - Statute of Limitations in Contracts for Sale.
  Section 2--725. Statute of Limitations in Contracts for Sale. (1) An action for breach of any contract for sale must be commenced within four years...

Last modified: February 3, 2019