PART I. SHORT TITLE, GENERAL CONSTRUCTION, AND SUBJECT MATTER

SECTION 672.101. Short title.

SECTION 672.102. Scope; certain security and other transactions excluded from this chapter.

SECTION 672.103. Definitions and index of definitions.

SECTION 672.104. Definitions: “merchant”; “between merchants”; “financing agency.”

SECTION 672.105. Definitions: transferability; “goods”; “future” goods; “lot”; “commercial unit.”

SECTION 672.106. Definitions: “contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation.”

SECTION 672.107. Goods to be severed from realty; recording.

PART II. FORM, FORMATION, AND READJUSTMENT OF CONTRACT

SECTION 672.201. Formal requirements; statute of frauds.

SECTION 672.202. Final written expression; parol or extrinsic evidence.

SECTION 672.203. Seals inoperative.

SECTION 672.204. Formation in general.

SECTION 672.205. Firm offers.

SECTION 672.206. Offer and acceptance in formation of contract.

SECTION 672.207. Additional terms in acceptance or confirmation.

SECTION 672.208. Course of performance or practical construction.

SECTION 672.209. Modification, rescission, and waiver.

SECTION 672.210. Delegation of performance; assignment of rights.

PART III. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT

SECTION 672.301. General obligations of parties.

SECTION 672.302. Unconscionable contract or clause.

SECTION 672.303. Allocation or division of risks.

SECTION 672.304. Price payable in money, goods, realty, or otherwise.

SECTION 672.305. Open price term.

SECTION 672.306. Output, requirements, and exclusive dealings.

SECTION 672.307. Delivery in single lot or several lots.

SECTION 672.308. Absence of specified place for delivery.

SECTION 672.309. Absence of specific time provisions; notice of termination.

SECTION 672.310. Open time for payment or running of credit; authority to ship under reservation.

SECTION 672.311. Options and cooperation respecting performance.

SECTION 672.312. Warranty of title and against infringement; buyer’s obligation against infringement.

SECTION 672.313. Express warranties by affirmation, promise, description, sample.

SECTION 672.314. Implied warranty; merchantability; usage of trade.

SECTION 672.315. Implied warranty; fitness for particular purpose.

SECTION 672.316. Exclusion or modification of warranties.

SECTION 672.317. Cumulation and conflict of warranties express or implied.

SECTION 672.318. Third-party beneficiaries of warranties express or implied.

SECTION 672.319. “F.O.B.” and “F.A.S.” terms.

SECTION 672.320. “C.I.F.” and “C. & F.” terms.

SECTION 672.321. C.I.F. or C. & F.; “net landed weights”; “payment on arrival”; warranty of condition on arrival.

SECTION 672.322. Delivery “ex-ship.”

SECTION 672.323. Form of bill of lading required in overseas shipment; “overseas.”

SECTION 672.324. “No arrival, no sale” term.

SECTION 672.325. “Letter of credit” term; “confirmed credit.”

SECTION 672.326. Sale on approval and sale or return; rights of creditors.

SECTION 672.327. Special incidents of sale on approval and sale or return.

SECTION 672.328. Sale by auction.

PART IV. TITLE, CREDITORS, AND GOOD FAITH PURCHASERS

SECTION 672.401. Passing of title; reservation for security; limited application of this section.

SECTION 672.402. Rights of seller’s creditors against sold goods.

SECTION 672.403. Power to transfer; good faith purchase of goods; “entrusting.”

PART V. PERFORMANCE

SECTION 672.501. Insurable interest in goods; manner of identification of goods.

SECTION 672.502. Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency.

SECTION 672.503. Manner of seller’s tender of delivery.

SECTION 672.504. Shipment by seller.

SECTION 672.505. Seller’s shipment under reservation.

SECTION 672.506. Rights of financing agency.

SECTION 672.507. Effect of seller’s tender; delivery on condition.

SECTION 672.508. Cure by seller of improper tender or delivery; replacement.

SECTION 672.509. Risk of loss in the absence of breach.

SECTION 672.510. Effect of breach on risk of loss.

SECTION 672.511. Tender of payment by buyer; payment by check.

SECTION 672.512. Payment by buyer before inspection.

SECTION 672.513. Buyer’s right to inspection of goods.

SECTION 672.514. When documents deliverable on acceptance; when on payment.

SECTION 672.515. Preserving evidence of goods in dispute.

PART VI. BREACH, REPUDIATION, AND EXCUSE

SECTION 672.601. Buyer’s rights on improper delivery.

SECTION 672.602. Manner and effect of rightful rejection.

SECTION 672.603. Merchant buyer’s duties as to rightfully rejected goods.

SECTION 672.604. Buyer’s options as to salvage of rightfully rejected goods.

SECTION 672.605. Waiver of buyer’s objections by failure to particularize.

SECTION 672.606. What constitutes acceptance of goods.

SECTION 672.607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.

SECTION 672.608. Revocation of acceptance in whole or in part.

SECTION 672.609. Right to adequate assurance of performance.

SECTION 672.610. Anticipatory repudiation.

SECTION 672.611. Retraction of anticipatory repudiation.

SECTION 672.612. “Installment contract”; breach.

SECTION 672.613. Casualty to identified goods.

SECTION 672.614. Substituted performance.

SECTION 672.615. Excuse by failure of presupposed conditions.

SECTION 672.616. Procedure on notice claiming excuse.

PART VII. REMEDIES

SECTION 672.701. Remedies for breach of collateral contracts not impaired.

SECTION 672.702. Seller’s remedies on discovery of buyer’s insolvency.

SECTION 672.703. Seller’s remedies in general.

SECTION 672.704. Seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.

SECTION 672.705. Seller’s stoppage of delivery in transit or otherwise.

SECTION 672.706. Seller’s resale including contract for resale.

SECTION 672.707. “Person in the position of a seller.”

SECTION 672.708. Seller’s damages for nonacceptance or repudiation.

SECTION 672.709. Action for the price.

SECTION 672.710. Seller’s incidental damages.

SECTION 672.711. Buyer’s remedies in general; buyer’s security interest in rejected goods.

SECTION 672.712. “Cover”; buyer’s procurement of substitute goods.

SECTION 672.713. Buyer’s damages for nondelivery or repudiation.

SECTION 672.714. Buyer’s damages for breach in regard to accepted goods.

SECTION 672.715. Buyer’s incidental and consequential damages.

SECTION 672.716. Buyer’s right to specific performance or replevin.

SECTION 672.717. Deduction of damages from the price.

SECTION 672.718. Liquidation or limitation of damages; deposits.

SECTION 672.719. Contractual modification or limitation of remedy.

SECTION 672.720. Effect of “cancellation” or “rescission” on claims for antecedent breach.

SECTION 672.721. Remedies for fraud.

SECTION 672.722. Who can sue third parties for injury to goods.

SECTION 672.723. Proof of market price; time and place.

SECTION 672.724. Admissibility of market quotations.