The Vermont Statutes Online

Title 9A: Uniform Commercial Code

Article 2: Sales


NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.


 
 Part 1: Short Title, General Construction, And Subject Matter
 
§ 101   Short title
§ 102   Scope; certain security and other transactions excluded from this article
§ 103   Definitions and index of definitions
§ 104   Definitions: 'merchant'; 'between merchants'; 'financing agency'
§ 105   Definitions: transferability; 'goods'; 'future' goods; 'lot'; 'commercial unit'
§ 106   Definitions: 'contract'; 'agreement'; 'contract for sale'; 'sale'; 'present sale'; 'conforming' to contract; 'termination'; 'cancellation'
§ 107   Goods to be severed from realty: recording
§ 108   Miscellaneous health provisions; blood or tissue transfer services
 
 Part 2: Form, Formation, And Readjustment Of Contract
 
§ 201   Formal requirements; statute of frauds
§ 202   Final written expression: parol or extrinsic evidence
§ 203   Seals inoperative
§ 204   Formation in general
§ 205   Firm offers
§ 206   Offer and acceptance in formation of contract
§ 207   Additional terms in acceptance or confirmation
§ 208   Repealed. 2007, No. 99 (Adj. Sess.), § 20.
§ 209   Modification, rescission and waiver
§ 210   Delegation of performance; assignment of rights
 
 Part 3: General Obligation And Construction Of Contract
 
§ 301   General obligations of parties
§ 302   Unconscionable contract or clause
§ 303   Allocation or division of risks
§ 304   Price payable in money, goods, realty, or otherwise
§ 305   Open price term
§ 306   Output, requirements and exclusive dealings
§ 307   Delivery in single lot or several lots
§ 308   Absence of specified place for delivery
§ 309   Absence of specific time provisions; notice of termination
§ 310   Open time for payment or running of credit; authority to ship under reservation
§ 311   Options and cooperation respecting performance
§ 312   Warranty of title and against infringement; buyer's obligation against infringement
§ 313   Express warranties by affirmation, promise, description, sample
§ 314   Implied warranty: merchantability; usage of trade
§ 315   Implied warranty: fitness for particular purpose
§ 316   Exclusion or modification of warranties
§ 317   Cumulation and conflict of warranties express or implied
§ 318   Third party beneficiaries of warranties express or implied
§ 319   F.O.B. and F.A.S. terms
§ 320   C.I.F. and C. & F. terms
§ 321   C.I.F. or C. & F.: 'net landed weights'; 'payment on arrival'; warranty of condition on arrival
§ 322   Delivery 'ex-ship'
§ 323   Form of bill of lading required in overseas shipment; 'overseas'
§ 324   'No arrival, no sale' term
§ 325   'Letter of credit' term; 'confirmed credit'
§ 326   Sale on approval and sale or return; rights of creditors
§ 327   Special incidents of sale on approval and sale or return
§ 328   Sale by auction
 
 Part 4: Title, Creditors, And Good Faith Purchasers
 
§ 401   Passing of title; reservation for security; limited application of this section
§ 402   Rights of seller's creditors against sold goods
§ 403   Power to transfer; good faith purchase of goods; 'entrusting'
 
 Part 5: Performance
 
§ 501   Insurable interest in goods; manner of identification of goods
§ 502   Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency
§ 503   Manner of seller's tender of delivery
§ 504   Shipment by seller
§ 505   Seller's shipment under reservation
§ 506   Rights of financing agency
§ 507   Effect of seller's tender; delivery on condition
§ 508   Cure by seller of improper tender or delivery; replacement
§ 509   Risk of loss in the absence of breach
§ 510   Effect of breach on risk of loss
§ 511   Tender of payment by buyer; payment by check
§ 512   Payment by buyer before inspection
§ 513   Buyer's right to inspection of goods
§ 514   When documents deliverable on acceptance; when on payment
§ 515   Preserving evidence of goods in dispute
 
 Part 6: Breach, Repudiation, And Excuse
 
§ 601   Buyer's rights on improper delivery
§ 602   Manner and effect of rightful rejection
§ 603   Merchant buyer's duties as to rightfully rejected goods
§ 604   Buyer's options as to salvage of rightfully rejected goods
§ 605   Waiver of buyer's objections by failure to particularize
§ 606   What constitutes acceptance of goods
§ 607   Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over
§ 608   Revocation of acceptance in whole or in part
§ 609   Right to adequate assurance of performance
§ 610   Anticipatory repudiation
§ 611   Retraction of anticipatory repudiation
§ 612   'Installment contract'; breach
§ 613   Casualty to identified goods
§ 614   Substituted performance
§ 615   Excuse by failure of presupposed conditions
§ 616   Procedure on notice claiming excuse
 
 Part 7: Remedies
 
§ 701   Remedies for breach of collateral contracts not impaired
§ 702   Seller's remedies on discovery of buyer's insolvency
§ 703   Seller's remedies in general
§ 704   Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods
§ 705   Seller's stoppage of delivery in transit or otherwise
§ 706   Seller's resale including contract for resale
§ 707   'Person in the position of a seller'
§ 708   Seller's damages for non-acceptance or repudiation
§ 709   Action for the price
§ 710   Seller's incidental damages
§ 711   Buyer's remedies in general; buyer's security interest in rejected goods
§ 712   'Cover'; buyer's procurement of substitute goods
§ 713   Buyer's damages for non-delivery or repudiation
§ 714   Buyer's damages for breach in regard to accepted goods
§ 715   Buyer's incidental and consequential damages
§ 716   Buyer's right to specific performance or replevin
§ 717   Deduction of damages from the price
§ 718   Liquidation or limitation of damages; deposits
§ 719   Contractual modification or limitation of remedy
§ 720   Effect of 'cancellation' or 'rescission' on claims for antecedent breach
§ 721   Remedies for fraud
§ 722   Who can sue third parties for injury to goods
§ 723   Proof of market price: time and place
§ 724   Admissibility of market quotations
§ 725   Statute of limitations in contracts for sale

  • Full text of Article 2.