(1) The remedies provided by the Uniform Commercial Code shall be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed but neither consequential or special nor penal damages may be had except as specifically provided in the Uniform Commercial Code or by other rule of law.
(2) Any right or obligation declared by the Uniform Commercial Code is enforceable by action unless the provision declaring it specifies a different and limited effect. [1961 c.726 §71.1060]
Section: Previous 71.1010 71.1020 71.1030 71.1040 71.1050 71.1060 71.1070 71.1080 71.1090 71.2010 71.2020 71.2030 71.2040 71.2050 71.2060 NextLast modified: August 7, 2008