New Mexico Statutes

§ 55-2-314 — Implied warranty: merchantability; usage of trade

New Mexico·Ch. 55 Uniform Commercial Code·Art. 2 Sales
(1)Unless excluded or modified (Section 2-316 [55-2-316 NMSA 1978]), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind. Under this section the serving for value of food or drink to be consumed either on the premises or elsewhere is a sale.
(2)Goods to be merchantable must be at least such as:
(a)pass without objection in the trade under the contract description; and (b) in the case of fungible goods, are of fair average quality within the description; and (c) are fit for the ordinary purposes for which such goods are used; and (d) run, within the variations permitted by the agreement, of even kind, quality and quantity within each unit and among all units involved; and (e) are adequately

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Legislative History

1953 Comp., § 50A-2-314, enacted by Laws 1961, ch. 96, § 2-314.

Nearby Sections

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