General Obligation and Construction of Contract

  1. Law
  2. US Virgin Islands Code
  3. Uniform Commercial Code
  4. Sales
  5. General Obligation and Construction of Contract

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Section
2-301

General obligations of parties

Section
2-302

Unconscionable contract or clause

Section
2-303

Allocation or division of risks

Section
2-304

Price payable in money, goods, realty, or otherwise

Section
2-305

Open price term

Section
2-306

Output, requirements and exclusive dealings

Section
2-307

Delivery in single lot or several lots

Section
2-308

Absence of specified place for delivery

Section
2-309

Absence of specific time provisions; notice of termination

Section
2-310

Open time for payment or running of credit; authority to ship under reservation

Section
2-311

Options and cooperation respecting performance

Section
2-312

Warranty of title and against infringement; buyer's obligation against infringement

Section
2-313

Express warranties by affirmation, promise, description, sample

Section
2-314

Implied warranty: merchantability; usage of trade

Section
2-315

Implied warranty: fitness for particular purpose

Section
2-316

Exclusion or modification of warranties

Section
2-317

Cumulation and conflict of warranties express or implied

Section
2-318

Third party beneficiaries of warranties express or implied

Section
2-319

F.O.B. and F.A.S. terms

Section
2-320

C.I.F. and C.&.F. terms

Section
2-321

C.I.F. or C. & F.: “net landed weights”; “payment on arrival”; warranty of condition on arrival

Section
2-322

Delivery “ex-ship”

Section
2-323

Form of bill of lading required in overseas shipment; “overseas”

Section
2-324

“No arrival, no sale” term

Section
2-325

“Letter of credit” term; “confirmed credit”

Section
2-326

Sale on approval and sale or return; rights of creditors

Section
2-327

Special incidents of sale on approval and sale or return

Section
2-328

Sale by auction