Ohio Revised Code Search
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Section 1302.60 | Buyer's rights on improper delivery - UCC 2-601.
...B) accept the whole; or (C) accept any commercial unit or units and reject the rest. |
Section 1302.61 | Manner and effect of rightful rejection - UCC 2-602.
...ership by the buyer with respect to any commercial unit is wrongful as against the seller; and (2) if the buyer has before rejection taken physical possession of goods in which he does not have a security interest under the provisions of division (C) of section 1302.85 of the Revised Code, he is under a duty after rejection to hold them with reasonable care at the seller's disposition for a time sufficient to permit... |
Section 1302.64 | What constitutes acceptance of goods - UCC 2-606.
...y him. (B) Acceptance of a part of any commercial unit is acceptance of that entire unit. |
Section 1302.66 | Revocation of acceptance in whole or in part - UCC 2-608.
...r may revoke his acceptance of a lot or commercial unit whose non-conformity substantially impairs its value to him if he has accepted it: (1) on the reasonable assumption that its non-conformity would be cured and it has not been seasonably cured; or (2) without discovery of such non-conformity if his acceptance was reasonably induced either by the difficulty of discovery before acceptance or by the seller's assu... |
Section 1302.67 | Right to adequate assurance of performance - UCC 2-609.
...until he receives such assurance may if commercially reasonable suspend any performance for which he has not already received the agreed return. (B) Between merchants the reasonableness of grounds for insecurity and the adequacy of any assurance offered shall be determined according to commercial standards. (C) Acceptance of any improper delivery or payment does not prejudice the aggrieved party's right to demand ... |
Section 1302.78 | Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods - UCC 2-704.
...eller may in the exercise of reasonable commercial judgment for the purposes of avoiding loss and of effective realization either complete the manufacture and wholly identify the goods to the contract or cease manufacture and resell for scrap or salvage value or proceed in any other reasonable manner. |
Section 1302.93 | Contractual modification or limitation of remedy - UCC 2-719.
...limitation of damages where the loss is commercial is not. |
Section 1302.97 | Proof of market price - time and place - admissibility of market quotations - UCC 2-723, 2-724.
...escribed or at any other place which in commercial judgment or under usage of trade would serve as a reasonable substitute for the one described may be used, making any proper allowance for the cost of transporting the goods to or from such other place. (C) Evidence of a relevant price prevailing at a time or place other than the one described in sections 1302.01 to 1302.98, inclusive, of the Revised Code, offered b... |
Section 1304.57 | Authorized and verified payment orders - UCC 4A-202.
...apply: (a) The security procedure is a commercially reasonable method of providing security against unauthorized payment orders. (b) The bank proves that it accepted the payment order in good faith and in compliance with the security procedure and any written agreement or instruction of the customer restricting acceptance of payment orders issued in the name of the customer. (2) The bank is not required to follow ... |
Section 1307.101 | Short title - UCC 7-101.
...) This chapter may be cited as "Uniform Commercial Code, documents of title." (B) This chapter uses the numbering system of the national conference of commissioners on uniform state laws. The digits to the right of the decimal point are sequential and not supplemental to any preceding Revised Code section. |
Section 1308.54 | Duty of securities intermediary to maintain financial asset - UCC 8-504.
... due care in accordance with reasonable commercial standards to obtain and maintain the financial asset. (D) This section does not apply to a clearing corporation that is itself the obligor of an option or similar obligation to which its entitlement holders have security entitlements. |
Section 1308.55 | Duty of securities intermediary with respect to payments and distributions - UCC 8-505.
... due care in accordance with reasonable commercial standards to attempt to obtain the payment or distribution. (B) A securities intermediary is obligated to its entitlement holder for a payment or distribution made by the issuer of a financial asset if the payment or distribution is received by the securities intermediary. |
Section 1308.56 | Duty of securities intermediary to exercise rights as directed by entitlement holder - UCC 8-506.
... due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder. |
Section 1308.57 | Duty of securities intermediary to comply with entitlement holder - UCC 8-507.
... due care in accordance with reasonable commercial standards to comply with the entitlement order. (B) If a securities intermediary transfers a financial asset pursuant to an ineffective entitlement order, the securities intermediary shall reestablish a security entitlement in favor of the person entitled to it, and pay or credit any payments or distributions that the person did not receive as a result of the wrongf... |
Section 1308.58 | Duty of securities intermediary to change entitlement holder's position to other form of security holding - UCC 8-508.
... due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder. |
Section 1309.101 | Short title - section numbering - UCC 9-101.
...) This chapter may be cited as "Uniform Commercial Code, secured transactions." (B) This chapter uses the numbering system of the national conference of commissioners on uniform state laws. The digits to the right of the decimal point are sequential and not supplemental to any preceding Revised Code section. |
Section 1309.108 | Sufficiency of description - UCC 9-108.
... an insufficient description of: (1) A commercial tort claim; or (2) In a consumer transaction, consumer goods, a security entitlement, a securities account, or a commodity account. |
Section 1309.109 | Scope of chapter - UCC 9-109.
...f a claim arising in tort, other than a commercial tort claim, but sections 1309.315 and 1309.322 of the Revised Code apply with respect to proceeds and priorities in proceeds; (13) An assignment of a deposit account in a consumer transaction, but sections 1309.315 and 1309.322 of the Revised Code apply with respect to proceeds and priorities in proceeds; or (14) A transfer by a government, state, or governmental u... |
Section 1309.204 | After-acquired property - future advances - UCC 9-204.
...he secured party gives value; or (2) A commercial tort claim. (C) A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment. |
Section 1309.627 | Determination of whether conduct was commercially reasonable - UCC 9-627.
...isposition, or acceptance was made in a commercially reasonable manner. (B) A disposition of collateral is made in a commercially reasonable manner if the disposition is made: (1) In the usual manner on any recognized market; (2) At the price current in any recognized market at the time of the disposition; or (3) Otherwise in conformity with reasonable commercial practices among dealers in the type of property th... |
Section 1310.40 | Insecurity - adequate assurance of performance - UCC 2A-401.
...ecure party receives that assurance, if commercially reasonable, the insecure party may suspend any performance for which he has not already received the agreed return. (C) A repudiation of the lease contract occurs if assurance of due performance adequate under the circumstances of the particular case is not provided to the insecure party within a reasonable time, not to exceed thirty days after receipt of a demand... |
Section 1310.49 | Modification or impairment of rights and remedies - UCC 2A-503.
...or exclusion of damages, if the loss is commercial, is not prima facie unconscionable. (D) Rights and remedies on default by the lessor or the lessee with respect to any obligation or promise collateral or ancillary to the lease contract are not impaired by sections 1310.01 to 1310.78 of the Revised Code. |
Section 1310.53 | Proof of market rent - time and place - UCC 2A-507.
... or for a different lease term that, in commercial judgment or under usage of trade, would serve as a reasonable substitute for the one described may be used, making any proper allowance for the difference, including the cost of transporting the goods to or from the other place. (C) Evidence of a relevant rent prevailing at a time or place or for a lease term other than the one described in sections 1310.01 to 1310.... |
Section 1310.55 | Lessee's rights on improper delivery - rightful rejection - UCC 2A-509.
...eject or accept the goods or accept any commercial unit or units and reject the rest of the goods. (B) A rejection of goods is ineffective unless it is within a reasonable time after the tender or delivery of the goods, and the lessee seasonably notifies the lessor. |
Section 1310.61 | Acceptance of goods - UCC 2A-515.
... Code. (B) Acceptance of a part of any commercial unit is acceptance of that entire unit. |