Price payable in money, goods, realty, or otherwise

  1. Law
  2. Arkansas Code
  3. Business and Commercial Law
  4. Uniform Commercial Code
  5. Sales
  6. General Obligation and Construction of Contract
  7. Price payable in money, goods, realty, or otherwise

Checkout our iOS App for a better way to browser and research.

  1. (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. (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.

History. Acts 1961, No. 185, § 2-304; A.S.A. 1947, § 85-2-304.


Download our app to see the most-to-date content.