Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter25. Uniform Commercial Code. |
Article2. Sales |
Part 1. Short Title, General Construction and Subject Matter |
§ 25-2-101. Short title |
§ 25-2-102. Scope; certain security and other transactions excluded from this article |
§ 25-2-103. Definitions and index of definitions |
§ 25-2-104. Definitions: "Merchant"; "between merchants"; "financing agency." |
§ 25-2-105. Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit." |
§ 25-2-106. Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "layaway contract"; "conforming" to contract; "termination"; "cancellation." |
§ 25-2-107. Goods to be severed from realty; recording |
Part 2. Form, Formation and Readjustment of Contract |
§ 25-2-201. Formal requirements; statute of frauds |
§ 25-2-202. Final written expression; parol or extrinsic evidence |
§ 25-2-203. Seals inoperative |
§ 25-2-204. Formation in general |
§ 25-2-205. Firm offers |
§ 25-2-206. Offer and acceptance in formation of contract |
§ 25-2-207. Additional terms in acceptance or confirmation |
§ 25-2-208. Repealed by Session Laws 2006-112, s. 4, effective October 1, 2006 |
§ 25-2-209. Modification, rescission and waiver |
§ 25-2-210. Delegation of performance; assignment of rights |
Part 3. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT |
§ 25-2-301. General obligations of parties |
§ 25-2-302. Unconscionable contract or clause |
§ 25-2-303. Allocation or division of risks |
§ 25-2-304. Price payable in money, goods, realty, or otherwise |
§ 25-2-305. Open price term |
§ 25-2-306. Output, requirements and exclusive dealings |
§ 25-2-307. Delivery in single lot or several lots |
§ 25-2-308. Absence of specified place for delivery |
§ 25-2-309. Absence of specific time provisions; notice of termination |
§ 25-2-310. Open time for payment or running of credit; authority to ship under reservation |
§ 25-2-311. Options and cooperation respecting performance |
§ 25-2-312. Warranty of title and against infringement; buyer's obligation against infringement |
§ 25-2-313. Express warranties by affirmation, promise, description, sample |
§ 25-2-314. Implied warranty: Merchantability; usage of trade |
§ 25-2-315. Implied warranty: Fitness for particular purpose |
§ 25-2-316. Exclusion or modification of warranties |
§ 25-2-317. Cumulation and conflict of warranties express or implied |
§ 25-2-318. Third party beneficiaries of warranties express or implied |
§ 25-2-319. F.O.B. and F.A.S. terms |
§ 25-2-320. C.I.F. and C. F. terms |
§ 25-2-321. C.I.F. or C. F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival |
§ 25-2-322. Delivery "ex-ship." |
§ 25-2-323. Form of bill of lading required in overseas shipment; "overseas." |
§ 25-2-324. "No arrival, no sale" term |
§ 25-2-325. "Letter of credit" term; "confirmed credit." |
§ 25-2-326. Sale on approval and sale or return; rights of creditors |
§ 25-2-327. Special incidents of sale on approval and sale or return |
§ 25-2-328. Sale by auction |
Part 4. TITLE, CREDITORS AND GOOD FAITH PURCHASERS |
§ 25-2-401. Passing of title; reservation for security; limited application of this section |
§ 25-2-402. Rights of seller's creditors against sold goods |
§ 25-2-403. Power to transfer; good faith purchase of goods; "entrusting." |
Part 5. Performance |
§ 25-2-501. Insurable interest in goods; manner of identification of goods |
§ 25-2-502. Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency |
§ 25-2-503. Manner of seller's tender of delivery |
§ 25-2-504. Shipment by seller |
§ 25-2-505. Seller's shipment under reservation |
§ 25-2-506. Rights of financing agency |
§ 25-2-507. Effect of seller's tender; delivery on condition |
§ 25-2-508. Cure by seller of improper tender or delivery; replacement |
§ 25-2-509. Risk of loss in the absence of breach |
§ 25-2-510. Effect of breach on risk of loss |
§ 25-2-511. Tender of payment by buyer; payment by check |
§ 25-2-512. Payment by buyer before inspection |
§ 25-2-513. Buyer's right to inspection of goods |
§ 25-2-514. When documents deliverable on acceptance; when on payment |
§ 25-2-515. Preserving evidence of goods in dispute |
Part 6. Breach, Repudiation and Excuse |
§ 25-2-601. Buyer's rights on improper delivery |
§ 25-2-602. Manner and effect of rightful rejection |
§ 25-2-603. Merchant buyer's duties as to rightfully rejected goods |
§ 25-2-604. Buyer's options as to salvage of rightfully rejected goods |
§ 25-2-605. Waiver of buyer's objections by failure to particularize |
§ 25-2-606. What constitutes acceptance of goods |
§ 25-2-607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over |
§ 25-2-608. Revocation of acceptance in whole or in part |
§ 25-2-609. Right to adequate assurance of performance |
§ 25-2-610. Anticipatory repudiation |
§ 25-2-611. Retraction of anticipatory repudiation |
§ 25-2-612. "Installment contract"; breach |
§ 25-2-613. Casualty to identified goods |
§ 25-2-614. Substituted performance |
§ 25-2-615. Excuse by failure of presupposed conditions |
§ 25-2-616. Procedure on notice claiming excuse |
Part 7. Remedies |
§ 25-2-701. Remedies for breach of collateral contracts not impaired |
§ 25-2-702. Seller's remedies on discovery of buyer's insolvency |
§ 25-2-703. Seller's remedies in general |
§ 25-2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods |
§ 25-2-705. Seller's stoppage of delivery in transit or otherwise |
§ 25-2-706. Seller's resale including contract for resale |
§ 25-2-707. "Person in the position of a seller." |
§ 25-2-708. Seller's damages for nonacceptance or repudiation |
§ 25-2-709. Action for the price |
§ 25-2-710. Seller's incidental damages |
§ 25-2-711. Buyer's remedies in general; buyer's security interest in rejected goods |
§ 25-2-712. "Cover"; buyer's procurement of substitute goods |
§ 25-2-713. Buyer's damages for nondelivery or repudiation |
§ 25-2-714. Buyer's damages for breach in regard to accepted goods |
§ 25-2-715. Buyer's incidental and consequential damages |
§ 25-2-716. Buyer's right to specific performance or replevin |
§ 25-2-717. Deduction of damages from the price |
§ 25-2-718. Liquidation or limitation of damages; deposits |
§ 25-2-719. Contractual modification or limitation of remedy |
§ 25-2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach |
§ 25-2-721. Remedies for fraud |
§ 25-2-722. Who can sue third parties for injury to goods |
§ 25-2-723. Proof of market price; time and place |
§ 25-2-724. Admissibility of market quotations |
§ 25-2-725. Statute of limitations in contracts for sale |