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NEW JERSEY STATUTES AND CODES

12A:2-304 - Price payable in money, goods, realty, or otherwise

12A:2-304.  Price payable in money, goods, realty, or otherwise
    (1) The price can be made payable in money or otherwise.  If it is payable in whole or in part in goods each party is a seller of the goods which he is to  transfer.

    (2) Even though all or part of the price is payable in an interest in realty  the transfer of the goods and the seller's obligations with reference to them  are subject to this Chapter, but not the transfer of the interest in realty or  the transferor's obligations in connection therewith.

     L.1961, c. 120, s. 2-304.
 

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