Page:United States Statutes at Large Volume 77.djvu/671

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[77 STAT. 639]
PUBLIC LAW 88-000—MMMM. DD, 1963
[77 STAT. 639]

77 STAT. ]

PUBLIC LAW 88-243-DEC. 30, 1963

639

ARTICLE 2—SALES—Continued PART 7—REMEDIES—Continued

Sec. 28:2—705. 28:2—706. 28:2—707. 28:2—708. 28:2—709. 28:2—710. 28:2—711. 28:2—712. 28:2—713. 28:2—714. 28:2—715. 28:2—716. 28:2—717. 28:2—718. 28:2—719. 28:2—720. 28:2—721. 28:2—722. 28:2—723. 28:2—724. 28:2—725.

Seller's stoppage of delivery in transit or otherwise. Seller's resale including contract for resale. "Person in the position of a seller". Seller's damages for non-acceptance or repudiation. Action for the price. Seller's incidental damages. Buyer's remedies in g e n e r a l; b\iyer's security interest in rejected goods. "Cover": buyer's procurement of substitute goods. Buyer's damages for non-delivery or repudiation. Buyer's damages for breach in regard to accepted goods. B u y e r ' s incidental and consequential damages. B u y e r ' s right to specific performance or replevin. Deduction of damages from the price. Liquidation or limitation of d a m a g e s; deposits. Contracted modification or limitation of remedy. Effect of "cancellation" or "rescission" on claims fi»r antecedent breach. Remedies for fraud. W h o can sue third parties for injury to goods. Proof of m a r k e t price: time and place. Admissibility of m a r k e t quotations. Statute of limitations in contracts for sale.

PART 1—SHORT TITLE, GENERAL CONSTRUCTION A N D SUBJECT MATTER §28:2—101. Short title This article shall be known and may be cited as Unifonii Comnier- citation of arcial Code—Sales. "'=^^§28:2—102. Scope; certain security and other transactions excluded from this article Unless the context otherwise requires, this article applies to transactions in goods; it does not apply to any transaction which although in the form of an imconditional contract to sell or present sale is intended to operate only as a security transaction nor does this article impair or repeal any statute regulating sales to consmners, farmers or other specified classes of buyers, § 28:2—103. Definitions and index of definitions (1) I n this article unless the context otherwise requires (a) "Buyer" means a person who buys or contracts to buy goods. (b) "Good faith" in the case of a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade. (c) "Receipt" of goods means taking physical pos^ssion of them. d) "Seller" means a person who sells or contracts to sell goods. (2) Other definitions applying to this article or to specified parts thereof, and the sections in which they appear are: "Acceptance". Section 28:2—606. "Banker's credit". Section 28:2—325. "Between merchants". Section 28:2—104. "Cancellation". Section 28:2—106(4). "Commercial unit". Section 28:2—105. "Confirmed credit". Section 28:2—325. "Conforming to contract". Section 28:2—106.