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Except as otherwise provided in this section a contract for the sale of goods for the price of five hundred dollars or more is not enforceable by way of action or defense unless there is some writing sufficient to indicate that a contract for sale h...
Tagged topics: goodssalesstatute of frauds
Failure of the buyer seasonably to furnish an agreed letter of credit is a breach of the contract for sale. The delivery to seller of a proper letter of credit suspends the buyer’s obligation to pay. If the letter of credit is dishonored, the seller m...
Tagged topics: goodssales
Unless a document of title was originally issued upon delivery of the goods by a person that did not have power to dispose of them, a lien does not attach by virtue of any judicial process to goods in the possession of a bailee for which a negotiable ...
Where the contract requires or authorizes the seller to ship the goods by carrier: if it does not require the seller to deliver them at a particular destination, the risk of loss passes to the buyer when the goods are duly delivered to the carrier eve...
Tagged topics: goodssales
In all cases where the appraisement of any such property shall not exceed the sum of twenty dollars, the finder shall advertise the same on the door of the courthouse, and in three other of the most public places in the county, within five days after ...
Tagged topics: lumber
The indorsement of a tangible document of title issued by a bailee does not make the indorser liable for any default by the bailee or previous indorsers.
Under the conditions stated in section 554.2703 on seller’s remedies, the seller may resell the goods concerned or the undelivered balance thereof. Where the resale is made in good faith and in a commercially reasonable manner the seller may recover...
Tagged topics: goodssales
If an action based on anticipatory repudiation comes to trial before the time for performance with respect to some or all of the goods, any damages based on market price ( section 554.2708 or 554.2713 ) shall be determined according to the price of ...
Tagged topics: goodssales
Unless otherwise agreed, if delivered goods may be returned by the buyer even though they conform to the contract, the transaction is a “sale on approval” if the goods are delivered primarily for use, and a “sale or return” if the goods are delivered ...
Tagged topics: goodssales
This Article shall be known and may be cited as Uniform Commercial Code — Sales.
Tagged topics: goodssales