ORS Chapter 72

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