STATE STATUTES & CODES

VERMONT STATUTES AND CODES

Article 2 - Sales (Contains: §§ 101 – 725)

• § 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
• § 107 -   Goods to be severed from realty: recording
• § 108 -   Miscellaneous health provisions; blood or tissue transfer services
• § 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• § 208 -   Repealed. 2007, No. 99 (Adj.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
• § 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
• § 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'
• § 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
• § 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
• § 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