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Published: 2015

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Part 1 Short Title, General Construction, and Subject Matter.

Section 7-2-101 Short title.

Section 7-2-102 Scope; certain security and other transactions excluded from this article.

Section 7-2-103 Definitions and index of definitions.

Section 7-2-104 Definitions: "Merchant"; "between merchants"; "financing agency."

Section 7-2-105 Definitions: "Transferability"; "goods"; "future goods"; "lot"; "commercial unit."

Section 7-2-106 Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation."

Section 7-2-107 Goods to be severed from realty; recording.

Part 2 Form, Formation, and Readjustment of Contract.

Section 7-2-201 Formal requirements; statute of frauds.

Section 7-2-202 Final written expression: Parol or extrinsic evidence.

Section 7-2-203 Seals inoperative.

Section 7-2-204 Formation in general.

Section 7-2-205 Firm offers.

Section 7-2-206 Offer and acceptance in formation of contract.

Section 7-2-207 Additional terms in acceptance or confirmation.

Section 7-2-208 Course of performance or practical construction.

Section 7-2-209 Modification, rescission and waiver.

Section 7-2-210 Delegation of performance; assignment of rights.

Part 3 General Obligation and Construction of Contract.

Section 7-2-301 General obligations of parties.

Section 7-2-302 Unconscionable contract or clause.

Section 7-2-303 Allocation or division of risks.

Section 7-2-304 Price payable in money, goods, realty, or otherwise.

Section 7-2-305 Open price term.

Section 7-2-306 Output, requirements, and exclusive dealings.

Section 7-2-307 Delivery in single lot or several lots.

Section 7-2-308 Absence of specified place for delivery.

Section 7-2-309 Absence of specific time provisions; notice of termination.

Section 7-2-310 Open time for payment or running of credit; authority to ship under reservation.

Section 7-2-311 Options and cooperation respecting performance.

Section 7-2-312 Warranty of title and against infringement; buyer's obligation against infringement.

Section 7-2-313 Express warranties by affirmation, promise, description, sample.

Section 7-2-314 Implied warranty: Merchantability; usage of trade; human blood and tissues.

Section 7-2-315 Implied warranty: Fitness for particular purpose.

Section 7-2-316 Exclusion or modification of warranties.

Section 7-2-317 Cumulation and conflict of warranties express or implied.

Section 7-2-318 Third-party beneficiaries of warranties express or implied.

Section 7-2-319 F.O.B. and F.A.S. terms.

Section 7-2-320 C.I.F. and C. & F. terms.

Section 7-2-321 C.I.F. or C. & F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival.

Section 7-2-322 Delivery "ex-ship".

Section 7-2-323 Form of bill of lading required in overseas shipment; "overseas."

Section 7-2-324 "No arrival, no sale" term.

Section 7-2-325 "Letter of credit" term; "confirmed credit."

Section 7-2-326 "Sale on approval" and "sale or return."

Section 7-2-327 Special incidents of sale on approval and sale or return.

Section 7-2-328 Sale by auction.

Part 4 Title, Creditors, and Good Faith Purchasers.

Section 7-2-401 Passing of title; reservation for security; limited application of this section.

Section 7-2-402 Rights of seller's creditors against sold goods.

Section 7-2-403 Power to transfer; good faith purchase of goods; "entrusting."

Part 5 Performance.

Section 7-2-501 Insurable interest in goods; manner of identification of goods.

Section 7-2-502 Buyer's right to goods.

Section 7-2-503 Manner of seller's tender of delivery.

Section 7-2-504 Shipment by seller.

Section 7-2-505 Seller's shipment under reservation.

Section 7-2-506 Rights of financing agency.

Section 7-2-507 Effect of seller's tender; delivery on condition.

Section 7-2-508 Cure by seller of improper tender or delivery; replacement.

Section 7-2-509 Risk of loss in the absence of breach.

Section 7-2-510 Effect of breach on risk of loss.

Section 7-2-511 Tender of payment by buyer; payment by check.

Section 7-2-512 Payment by buyer before inspection.

Section 7-2-513 Buyer's right to inspection of goods.

Section 7-2-514 When documents deliverable on acceptance; when on payment.

Section 7-2-515 Preserving evidence of goods in dispute.

Part 6 Breach, Repudiation, and Excuse.

Section 7-2-601 Buyer's rights on improper delivery.

Section 7-2-602 Manner and effect of rightful rejection.

Section 7-2-603 Merchant buyer's duties as to rightfully rejected goods.

Section 7-2-604 Buyer's options as to salvage of rightfully rejected goods.

Section 7-2-605 Waiver of buyer's objections by failure to particularize.

Section 7-2-606 What constitutes acceptance of goods.

Section 7-2-607 Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.

Section 7-2-608 Revocation of acceptance in whole or in part.

Section 7-2-609 Right to adequate assurance of performance.

Section 7-2-610 Anticipatory repudiation.

Section 7-2-611 Retraction of anticipatory repudiation.

Section 7-2-612 "Installment contract"; breach.

Section 7-2-613 Casualty to identified goods.

Section 7-2-615 Excuse by failure of presupposed conditions.

Section 7-2-614 Substituted performance.

Section 7-2-616 Procedure on notice claiming excuse.

Part 7 Remedies.

Section 7-2-701 Remedies for breach of collateral contracts not impaired.

Section 7-2-702 Seller's remedies on discovery of buyer's insolvency.

Section 7-2-703 Seller's remedies in general.

Section 7-2-704 Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.

Section 7-2-705 Seller's stoppage of delivery in transit or otherwise.

Section 7-2-706 Seller's resale including contract for resale.

Section 7-2-707 "Person in the position of a seller."

Section 7-2-708 Seller's damages for nonacceptance or repudiation.

Section 7-2-709 Action for the price.

Section 7-2-710 Seller's incidental damages.

Section 7-2-711 Buyer's remedies in general; buyer's security interest in rejected goods.

Section 7-2-712 "Cover"; buyer's procurement of substitute goods.

Section 7-2-713 Buyer's damages for nondelivery or repudiation.

Section 7-2-714 Buyer's damages for breach in regard to accepted goods.

Section 7-2-715 Buyer's incidental and consequential damages.

Section 7-2-716 Buyer's right to specific performance or replevin.

Section 7-2-717 Deduction of damages from the price.

Section 7-2-718 Liquidation or limitation of damages; deposits.

Section 7-2-719 Contractual modification or limitation of remedy.

Section 7-2-720 Effect of "cancellation" or "rescission" on claims for antecedent breach.

Section 7-2-721 Remedies for fraud.

Section 7-2-722 Who can sue third parties for injury to goods.

Section 7-2-723 Proof of market price: Time and place.

Section 7-2-724 Admissibility of market quotations.

Section 7-2-725 Statute of limitations in contracts for sale.