CHAPTER 23 GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT Sec. 2301. General obligations of parties. 2302. Unconscionable contract or clause. 2303. Allocation or division of risks. 2304. Price payable in money, goods, realty or otherwise. 2305. Open price term. 2306. Output, requirements and exclusive dealings. 2307. Delivery in single lot or several lots. 2308. Absence of specified place for delivery. 2309. Absence of specific time provisions; notice of termination. 2310. Open time for payment or running of credit; authority to ship under reservation. 2311. Options and cooperation respecting performance. 2312. Warranty of title and against infringement; obligation of buyer against infringement. 2313. Express warranties by affirmation, promise, description or sample. 2314. Implied warranty: merchantability; usage of trade. 2315. Implied warranty: fitness for particular purpose. 2316. Exclusion or modification of warranties. 2317. Cumulation and conflict of warranties express or implied. 2318. Third party beneficiaries of warranties express or implied. 2319. F.O.B. and F.A.S. terms. 2320. C.I.F. and C. & F. terms. 2321. C.I.F. or C. & F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival. 2322. Delivery "ex-ship." 2323. Form of bill of lading required in overseas shipment; "overseas." 2324. "No arrival, no sale" term. 2325. "Letter of credit" term; "confirmed credit." 2326. Sale on approval and sale or return; rights of creditors. 2327. Special incidents of sale on approval and sale or return. 2328. Sale by auction. Enactment. Chapter 23 was added November 1, 1979, P.L.255, No.86, effective January 1, 1980. § 2301. General obligations of parties. The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.

CHAPTER 23 GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT Sec. 2301. General obligations of parties. 2302. Unconscionable contract or clause. 2303. Allocation or division of risks. 2304. Price payable in money, goods, realty or otherwise. 2305. Open price term. 2306. Output, requirements and exclusive dealings. 2307. Delivery in single lot or several lots. 2308. Absence of specified place for delivery. 2309. Absence of specific time provisions; notice of termination. 2310. Open time for payment or running of credit; authority to ship under reservation. 2311. Options and cooperation respecting performance. 2312. Warranty of title and against infringement; obligation of buyer against infringement. 2313. Express warranties by affirmation, promise, description or sample. 2314. Implied warranty: merchantability; usage of trade. 2315. Implied warranty: fitness for particular purpose. 2316. Exclusion or modification of warranties. 2317. Cumulation and conflict of warranties express or implied. 2318. Third party beneficiaries of warranties express or implied. 2319. F.O.B. and F.A.S. terms. 2320. C.I.F. and C. & F. terms. 2321. C.I.F. or C. & F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival. 2322. Delivery "ex-ship." 2323. Form of bill of lading required in overseas shipment; "overseas." 2324. "No arrival, no sale" term. 2325. "Letter of credit" term; "confirmed credit." 2326. Sale on approval and sale or return; rights of creditors. 2327. Special incidents of sale on approval and sale or return. 2328. Sale by auction. Enactment. Chapter 23 was added November 1, 1979, P.L.255, No.86, effective January 1, 1980. § 2301. General obligations of parties. The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.