New York Statutes

§ 1-303 — Course of Performance, Course of Dealing, and Usage of Trade

New York·Law UCC Uniform Commercial Code·Part 3 Territorial Applicability and General Rules·Art. 1 No title
Section 1--303. Course of Performance, Course of Dealing, and Usage of\n Trade.\n (a) A "course of performance" is a sequence of conduct between the\nparties to a particular transaction that exists if:\n (1) the agreement of the parties with respect to the transaction\ninvolves repeated occasions for performance by a party; and\n (2) the other party, with knowledge of the nature of the performance\nand opportunity for objection to it, accepts the performance or\nacquiesces to it without objection.\n (b) A "course of dealing" is a sequence of conduct concerning previous\ntransactions between the parties to a particular transaction that is\nfairly to be regarded as establishing a common basis of understanding\nfor interpreting their expressions and other conduct.\n (c)

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