New Jersey Statutes
§ 12A:2-304 — Price payable in money, goods, realty, or otherwise
New Jersey·Title 12A COMMERCIAL TRANSACTIONS
(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 Chapter, but not the transfer of the interest in realty or the transferor's obligations in connection therewith. L.1961, c. 120, s. 2-304.
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Nearby Sections
15
§ 12A:2-101
Short title§ 12A:2-103
Definitions and index of definitions.§ 12A:2-107
Goods to be severed from realty: recording§ 12A:2-201
Formal requirements; statute of frauds§ 12A:2-203
Seals inoperative§ 12A:2-204
Formation in general§ 12A:2-205
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