Part 3: General Obligation and Construction of Contract

This part is comprised of the following sections:

§8.2-301 General obligations of parties
§8.2-302 Unconscionable contract or clause
§8.2-303 Allocation or division of risks
§8.2-304 Price payable in money, goods, realty, or otherwise
§8.2-305 Open price term
§8.2-306 Output, requirements and exclusive dealings
§8.2-307 Delivery in single lot or several lots
§8.2-308 Absence of specified place for delivery
§8.2-309 Absence of specific time provisions; notice of termination
§8.2-310 Open time for payment or running of credit; authority to ship under reservation
§8.2-311 Options and cooperation respecting performance
§8.2-312 Warranty of title and against infringement; buyer&#8217;s obligation against infringement
§8.2-313 Express warranties by affirmation, promise, description, sample
§8.2-314 Implied warranty: Merchantability; usage of trade
§8.2-315 Implied warranty: Fitness for particular purpose
§8.2-316 Exclusion or modification of warranties
§8.2-317 Cumulation and conflict of warranties express or implied
§8.2-317.1 Use of warranty registration cards
§8.2-318 When lack of privity no defense in action against manufacturer or seller of goods
§8.2-319 F.O.B. and F.A.S. terms
§8.2-320 C.I.F. and C. &#038; F. terms
§8.2-321 C.I.F. or C. &#038; F.: &#8220;Net landed weights&#8221;; &#8220;payment on arrival&#8221;; warranty of condition on arrival
§8.2-322 Delivery &#8220;ex-ship.&#8221;
§8.2-323 Form of bill of lading required in overseas shipment; &#8220;Overseas.&#8221;
§8.2-324 &#8220;No arrival, no sale&#8221; term
§8.2-325 &#8220;Letter of credit&#8221; term; &#8220;confirmed credit.&#8221;
§8.2-326 Sale on approval and sale or return; rights of creditors
§8.2-327 Special incidents of sale on approval and sale or return
§8.2-328 Sale by auction
