Chapter 72 — Sales

 

2009 EDITION

 

 

SALES

 

COMMERCIALTRANSACTIONS

 

GENERALPROVISIONS

 

72.1010 Shorttitle

 

72.1020 Scope;certain security and other transactions excluded from chapter

 

72.1030 Definitionsand index of definitions

 

72.1040 Definitions:“merchant”; “financing agency”; “between merchants”

 

72.1050 Definitions:“goods”; “future” goods; “lot”; “commercial unit”

 

72.1060 Definitions:“contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming”to contract; “termination”; “cancellation”

 

72.1070 Goodsto be severed from realty; recording

 

FORM,FORMATION AND READJUSTMENT OF CONTRACT

 

72.2010 Formalrequirements: statute of frauds

 

72.2020 Finalwritten expression: parol or extrinsic evidence

 

72.2030 Sealsinoperative

 

72.2040 Formationin general

 

72.2050 Firmoffers

 

72.2060 Offerand acceptance in formation of contract

 

72.2070 Additionalterms in acceptance or confirmation

 

72.2090 Modification,rescission and waiver

 

72.2100 Delegationof performance; assignment of rights

 

GENERALOBLIGATION AND CONSTRUCTION OF CONTRACT

 

72.3010 Generalobligations of parties

 

72.3020 Unconscionablecontract or clause

 

72.3030 Allocationor division of risks

 

72.3040 Pricepayable in money, goods, realty or otherwise

 

72.3050 Openprice term

 

72.3060 Output,requirements and exclusive dealings

 

72.3070 Deliveryin single lot or several lots

 

72.3080 Absenceof specified place for delivery

 

72.3090 Absenceof specific time provisions; notice of termination

 

72.3100 Opentime for payment or running of credit; authority to ship under reservation

 

72.3110 Optionsand cooperation respecting performance

 

72.3120 Warrantyof title and against infringement; buyer’s obligation against infringement

 

72.3130 Expresswarranties by affirmation, promise, description, sample

 

72.3140 Impliedwarranty: merchantability; usage of trade

 

72.3150 Impliedwarranty: fitness for particular purpose

 

72.3160 Exclusionor modification of warranties; livestock warranty

 

72.3170 Cumulationand conflict of warranties express or implied

 

72.3180 Thirdparty beneficiaries of warranties express or implied

 

72.3190 F.O.B.and F.A.S. terms

 

72.3200 C.I.F.and C. and F. terms

 

72.3210 C.I.F.or C. and F.: “net landed weights”; “payment on arrival”; warranty of conditionon arrival

 

72.3220 Delivery“ex-ship”

 

72.3230 Formof bill of lading required in overseas shipment; “overseas”

 

72.3240 “Noarrival, no sale” term

 

72.3250 “Letterof credit” term; “confirmed credit”

 

72.3260 Saleon approval and sale or return; rights of creditors

 

72.3270 Specialincidents of sale on approval and sale or return

 

72.3280 Saleby auction

 

TITLE,CREDITORS AND GOOD FAITH PURCHASERS

 

72.4005 Definitionsfor ORS 72.4010 and 72.4030

 

72.4010 Passingof title; reservation for security; limited application of ORS 72.4010

 

72.4020 Rightsof seller’s creditors against sold goods

 

72.4030 Powerto transfer; good faith purchase of goods; “entrusting”

 

PERFORMANCE

 

72.5010 Insurableinterest in goods; manner of identification of goods

 

72.5020 Buyer’sright to goods on seller’s repudiation, failure to deliver or insolvency

 

72.5030 Mannerof seller’s tender of delivery

 

72.5040 Shipmentby seller

 

72.5050 Seller’sshipment under reservation

 

72.5060 Rightsof financing agency

 

72.5070 Effectof seller’s tender; delivery on condition

 

72.5080 Cureby seller of improper tender or delivery; replacement

 

72.5090 Riskof loss in the absence of breach

 

72.5100 Effectof breach on risk of loss

 

72.5110 Tenderof payment by buyer; payment by check

 

72.5120 Paymentby buyer before inspection

 

72.5130 Buyer’sright to inspection of goods

 

72.5140 Whendocuments deliverable on acceptance; when on payment

 

72.5150 Preservingevidence of goods in dispute

 

BREACH,REPUDIATION AND EXCUSE

 

72.6010 Buyer’srights on improper delivery

 

72.6020 Mannerand effect of rightful rejection

 

72.6030 Merchantbuyer’s duties as to rightfully rejected goods

 

72.6040 Buyer’soptions as to salvage of rightfully rejected goods

 

72.6050 Waiverof buyer’s objections by failure to particularize

 

72.6060 Whatconstitutes acceptance of goods

 

72.6070 Effectof acceptance; notice of breach; burden of establishing breach afteracceptance; notice of claim or litigation to person answerable over

 

72.6080 Revocationof acceptance in whole or in part

 

72.6090 Rightto adequate assurance of performance

 

72.6100 Anticipatoryrepudiation

 

72.6110 Retractionof anticipatory repudiation

 

72.6120 “Installmentcontract”; breach

 

72.6130 Casualtyto identified goods

 

72.6140 Substitutedperformance

 

72.6150 Excuseby failure of presupposed conditions

 

72.6160 Procedureon notice claiming excuse

 

REMEDIES

 

72.7010 Remediesfor breach of collateral contracts not impaired

 

72.7020 Seller’sremedies on discovery of buyer’s insolvency

 

72.7030 Seller’sremedies in general

 

72.7040 Seller’sright to identify goods to the contract notwithstanding breach or to salvageunfinished goods

 

72.7050 Seller’sstoppage of delivery in transit or otherwise

 

72.7060 Seller’sresale including contract for resale

 

72.7070 “Personin the position of a seller”

 

72.7080 Seller’sdamages for nonacceptance or repudiation

 

72.7090 Actionfor the price

 

72.7100 Seller’sincidental damages

 

72.7110 Buyer’sremedies in general; buyer’s security interest in rejected goods

 

72.7120 “Cover”;buyer’s procurement of substitute goods

 

72.7130 Buyer’sdamages for nondelivery or repudiation