There is a newer version of the North Carolina General Statutes
2013 North Carolina General Statutes
Chapter 25 - Uniform Commercial Code.
Article 2 - Sales.
- Section 25-2-101 - Short title.
- Section 25-2-102 - Scope; certain security and other transactions excluded from this article.
- Section 25-2-103 - Definitions and index of definitions.
- Section 25-2-104 - Definitions: "Merchant"; "between merchants"; "financing agency."
- Section 25-2-105 - Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit."
- Section 25-2-106 - Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "layaway contract"; "conforming" to contract; "termination"; "cancellation."
- Section 25-2-107 - Goods to be severed from realty; recording.
- Section 25-2-201 - Formal requirements; statute of frauds.
- Section 25-2-202 - Final written expression; parol or extrinsic evidence.
- Section 25-2-203 - Seals inoperative.
- Section 25-2-204 - Formation in general.
- Section 25-2-205 - Firm offers.
- Section 25-2-206 - Offer and acceptance in formation of contract.
- Section 25-2-207 - Additional terms in acceptance or confirmation.
- Section 25-2-208 - Repealed by Session Laws 2006-112, s. 4, effective October 1, 2006.
- Section 25-2-209 - Modification, rescission and waiver.
- Section 25-2-210 - Delegation of performance; assignment of rights.
- Section 25-2-301 - General obligations of parties.
- Section 25-2-302 - Unconscionable contract or clause.
- Section 25-2-303 - Allocation or division of risks.
- Section 25-2-304 - Price payable in money, goods, realty, or otherwise.
- Section 25-2-305 - Open price term.
- Section 25-2-306 - Output, requirements and exclusive dealings.
- Section 25-2-307 - Delivery in single lot or several lots.
- Section 25-2-308 - Absence of specified place for delivery.
- Section 25-2-309 - Absence of specific time provisions; notice of termination.
- Section 25-2-310 - Open time for payment or running of credit; authority to ship under reservation.
- Section 25-2-311 - Options and cooperation respecting performance.
- Section 25-2-312 - Warranty of title and against infringement; buyer's obligation against infringement.
- Section 25-2-313 - Express warranties by affirmation, promise, description, sample.
- Section 25-2-314 - Implied warranty: Merchantability; usage of trade.
- Section 25-2-315 - Implied warranty: Fitness for particular purpose.
- Section 25-2-316 - Exclusion or modification of warranties.
- Section 25-2-317 - Cumulation and conflict of warranties express or implied.
- Section 25-2-318 - Third party beneficiaries of warranties express or implied.
- Section 25-2-319 - F.O.B. and F.A.S. terms.
- Section 25-2-320 - C.I.F. and C. & F. terms.
- Section 25-2-321 - C.I.F. or C. & F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival.
- Section 25-2-322 - Delivery "ex-ship."
- Section 25-2-323 - Form of bill of lading required in overseas shipment; "overseas."
- Section 25-2-324 - "No arrival, no sale" term.
- Section 25-2-325 - "Letter of credit" term; "confirmed credit."
- Section 25-2-326 - Sale on approval and sale or return; rights of creditors.
- Section 25-2-327 - Special incidents of sale on approval and sale or return.
- Section 25-2-328 - Sale by auction.
- Section 25-2-401 - Passing of title; reservation for security; limited application of this section.
- Section 25-2-402 - Rights of seller's creditors against sold goods.
- Section 25-2-403 - Power to transfer; good faith purchase of goods; "entrusting."
- Section 25-2-501 - Insurable interest in goods; manner of identification of goods.
- Section 25-2-502 - Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.
- Section 25-2-503 - Manner of seller's tender of delivery.
- Section 25-2-504 - Shipment by seller.
- Section 25-2-505 - Seller's shipment under reservation.
- Section 25-2-506 - Rights of financing agency.
- Section 25-2-507 - Effect of seller's tender; delivery on condition.
- Section 25-2-508 - Cure by seller of improper tender or delivery; replacement.
- Section 25-2-509 - Risk of loss in the absence of breach.
- Section 25-2-510 - Effect of breach on risk of loss.
- Section 25-2-511 - Tender of payment by buyer; payment by check.
- Section 25-2-512 - Payment by buyer before inspection.
- Section 25-2-513 - Buyer's right to inspection of goods.
- Section 25-2-514 - When documents deliverable on acceptance; when on payment.
- Section 25-2-515 - Preserving evidence of goods in dispute.
- Section 25-2-601 - Buyer's rights on improper delivery.
- Section 25-2-602 - Manner and effect of rightful rejection.
- Section 25-2-603 - Merchant buyer's duties as to rightfully rejected goods.
- Section 25-2-604 - Buyer's options as to salvage of rightfully rejected goods.
- Section 25-2-605 - Waiver of buyer's objections by failure to particularize.
- Section 25-2-606 - What constitutes acceptance of goods.
- Section 25-2-607 - Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
- Section 25-2-608 - Revocation of acceptance in whole or in part.
- Section 25-2-609 - Right to adequate assurance of performance.
- Section 25-2-610 - Anticipatory repudiation.
- Section 25-2-611 - Retraction of anticipatory repudiation.
- Section 25-2-612 - "Installment contract"; breach.
- Section 25-2-613 - Casualty to identified goods.
- Section 25-2-614 - Substituted performance.
- Section 25-2-615 - Excuse by failure of presupposed conditions.
- Section 25-2-616 - Procedure on notice claiming excuse.
- Section 25-2-701 - Remedies for breach of collateral contracts not impaired.
- Section 25-2-702 - Seller's remedies on discovery of buyer's insolvency.
- Section 25-2-703 - Seller's remedies in general.
- Section 25-2-704 - Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.
- Section 25-2-705 - Seller's stoppage of delivery in transit or otherwise.
- Section 25-2-706 - Seller's resale including contract for resale.
- Section 25-2-707 - "Person in the position of a seller."
- Section 25-2-708 - Seller's damages for nonacceptance or repudiation.
- Section 25-2-709 - Action for the price.
- Section 25-2-710 - Seller's incidental damages.
- Section 25-2-711 - Buyer's remedies in general; buyer's security interest in rejected goods.
- Section 25-2-712 - "Cover"; buyer's procurement of substitute goods.
- Section 25-2-713 - Buyer's damages for nondelivery or repudiation.
- Section 25-2-714 - Buyer's damages for breach in regard to accepted goods.
- Section 25-2-715 - Buyer's incidental and consequential damages.
- Section 25-2-716 - Buyer's right to specific performance or replevin.
- Section 25-2-717 - Deduction of damages from the price.
- Section 25-2-718 - Liquidation or limitation of damages; deposits.
- Section 25-2-719 - Contractual modification or limitation of remedy.
- Section 25-2-720 - Effect of "cancellation" or "rescission" on claims for antecedent breach.
- Section 25-2-721 - Remedies for fraud.
- Section 25-2-722 - Who can sue third parties for injury to goods.
- Section 25-2-723 - Proof of market price; time and place.
- Section 25-2-724 - Admissibility of market quotations.
- Section 25-2-725 - Statute of limitations in contracts for sale.
Disclaimer: These codes may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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