Uniform Commercial Code Flashcards

1
Q

§ 2-201. Formal Requirements; Statute of Frauds. (1)

A

(1) Except as otherwise provided in this section a contract for the sale of goods for the price of $500 or more is not enforceable by way of action or defense unless there is some writing sufficient to indicate that a contract for sale has been made between the parties and signed by the party against whom enforcement is sought or by his authorized agent or broker. A writing is not insufficient because it omits or incorrectly states a term agreed upon but the contract is not enforceable under this paragraph beyond the quantity of goods shown in such writing.

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2
Q

§ 2-201. Formal Requirements; Statute of Frauds. (2)

A

(2) Between merchants if within a reasonable time a writing in confirmation of the contract and sufficient against the sender is received and the party receiving it has reason to know its contents, it satisfies the requirements of subsection (1) against such party unless written notice of objection to its contents is given within 10 days after it is received.

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3
Q

§ 2-201. Formal Requirements; Statute of Frauds. (3)

A

(3) A contract which does not satisfy the requirements of subsection (1) but which is valid in other respects is enforceable
(a) if the goods are to be specially manufactured for the buyer and are not suitable for sale to others in the ordinary course of the seller’s business and the seller, before notice of repudiation is received and under circumstances which reasonably indicate that the goods are for the buyer, has made either a substantial beginning of their manufacture or commitments for their procurement; or
(b) if the party against whom enforcement is sought admits in his pleading, testimony or otherwise in court that a contract for sale was made, but the contract is not enforceable under this provision beyond the quantity of goods admitted; or
(c) with respect to goods for which payment has been made and accepted or which have been received and accepted ( Sec. 2-606).

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4
Q

§ 2-207.Additional Terms in Acceptance or Confirmation. (1)

A

A definite and seasonable expression of acceptance or a written confirmation which is sent within a reasonable time operates as an acceptance even though it states terms additional to or different from those offered or agreed upon, unless acceptance is expressly made conditional on assent to the additional or different terms.

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5
Q

§ 2-207.Additional Terms in Acceptance or Confirmation. (2) (a,b,c)

A

The additional terms are to be construed as proposals for addition to the contract. Between merchants such terms become part of the contract unless:
§ (a) the offer expressly limits acceptance to the terms of the offer;

§ (b) they materially alter it; or

§ (c) notification of objection to them has already been given or is given within a reasonable time after notice of them is received.

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6
Q

§ 2-207.Additional Terms in Acceptance or Confirmation. (3)

A

Conduct by both parties which recognizes the existence of a contract is sufficient to establish a contract for sale although the writings of the parties do not otherwise establish a contract. In such case the terms of the particular contract consist of those terms on which the writings of the parties agree, together with any supplementary terms incorporated under any other provisions of this Act.

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7
Q

§ 2-206.Offer and Acceptance in Formation of Contract. 1 A+B

A

(1) Unless otherwise unambiguously indicated by the language or circumstances
(a) an offer to make a contract shall be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances;
(b) an order or other offer to buy goods for prompt or current shipment shall be construed as inviting acceptance either by a prompt promise to ship or by the prompt or current shipment of conforming or non-conforming goods, but such a shipment of non-conforming goods does not constitute an acceptance if the seller seasonably notifies the buyer that the shipment is offered only as an accommodation to the buyer.

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8
Q

§ 2-206.Offer and Acceptance in Formation of Contract. (2)

A

(2) Where the beginning of a requested performance is a reasonable mode of acceptance an offeror who is not notified of acceptance within a reasonable time may treat the offer as having lapsed before acceptance.

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