Alabama § 7-2-304 Price Payable in Money, Goods, Realty, or Otherwise

Alabama Statutes

§ 7-2-304 — Price Payable in Money, Goods, Realty, or Otherwise

Alabama·Title 7 Commercial Code·Art. 2 Sales·Part 3 General Obligation and Construction of Contract

(1)The price can be made payable in money or otherwise. If it is payable in whole or in part in goods, each party is a seller of the goods which he is to transfer.

(2)Even though all or part of the price is payable in an interest in realty, the transfer of the goods and the seller’s obligations with reference to them are subject to this article, but not the transfer of the interest in realty or the transferor’s obligations in connection therewith.

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(1) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods, each party is a seller of the goods which he is to transfer.
(2) Even though all or part of the price is payable in an interest in realty, the transfer of the goods and the seller’s obligations with reference to them are subject to this article, but not the transfer of the interest in realty or the transferor’s obligations in connection therewith.

Alabama § 7-2-304 (Price Payable in Money, Goods, Realty, or Otherwise) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.