Ucc Section 2 306

Ucc 2 306 output requirements and exclusive dealings.

Ucc section 2 306. Authority to ship under reservation. Read this complete new york consolidated laws uniform commercial code ucc 2 306. Measures quantity in good faith quantity cannot be disproportionate to any stated estimate.

A person taking an instrument other than a person having rights of a holder in due course is subject to a claim of a property or possessory right in the instrument or its proceeds including a claim to rescind a negotiation and to recover the instrument or its proceeds. Terms in this set 4 2 306. Output requirements and exclusive dealings on westlaw findlaw codes are provided courtesy of thomson reuters westlaw the industry leading online legal research system.

1 the signature was genuine. Waiver or renunciation of claim or right after breach. Ucc 2 306 output requirements and exclusive dealings.

Claims to an instrument. Open time for payment or running of credit. A a person who guarantees a signature of an indorser of a security certificate warrants that at the time of signing.

Output requirements and exclusive dealings. Options and cooperation respecting performance. 1 a term which measures the quantity by the output of the seller or the requirements of the buyer means such actual output or requirements as may occur in good faith except that no quantity unreasonably disproportionate to any stated estimate or in the absence of a stated estimate to any normal or otherwise comparable prior output or.

2 a lawful agreement by either the seller or the buyer for exclusive dealing in the kind of goods concerned imposes unless otherwise agreed an obligation by the seller to use best efforts to supply the goods and by the buyer to use best efforts to promote their sale. A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved party in an authenticated record. Output requirements and exclusive dealings.