Pennsylvania § 2106 Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale";

Pennsylvania Statutes

§ 2106 — Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale";

Pennsylvania·Title 13 COMMERCIAL CODE·Ch. 21 SHORT TITLE, GENERAL CONSTRUCTION

(a)"Contract", "agreement", "sale".--In this division unless the context otherwise requires "contract" and "agreement" are limited to those relating to the present or future sale of goods. "Contract for sale" includes both a present sale of goods and a contract to sell goods at a future time. A "sale" consists in the passing of title from the seller to the buyer for a price (section 2401). A "present sale" means a sale which is accomplished by the making of the contract.

(b)"Conforming" to contract.--Goods or conduct including any part of a performance are "conforming" or conform to the contract when they are in accordance with the obligations under the contract.

(c)"Termination".--"Termination" occurs when either party pursuant to a power created by agreement or law puts an end to th

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(a) "Contract", "agreement", "sale".--In this division unless the context otherwise requires "contract" and "agreement" are limited to those relating to the present or future sale of goods. "Contract for sale" includes both a present sale of goods and a contract to sell goods at a future time. A "sale" consists in the passing of title from the seller to the buyer for a price (section 2401). A "present sale" means a sale which is accomplished by the making of the contract.

(b) "Conforming" to contract.--Goods or conduct including any part of a performance are "conforming" or conform to the contract when they are in accordance with the obligations under the contract.

(c) "Termination".--"Termination" occurs when either party pursuant to a power created by agreement or law puts an end to the contract otherwise than for its breach. On "termination" all obligations which are still executory on both sides are discharged but any right based on prior breach or performance survives.

(d) "Cancellation".--"Cancellation" occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of "termination" except that the cancelling party also retains any remedy for breach of the whole contract or any unperformed balance.

(e) "Hybrid transaction".--A single transaction involving a sale of goods and:

(1) the provision of services;

(2) a lease of other goods; or

(3) a sale, lease or license of property other than goods.

Pennsylvania § 2106 (Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale";) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(July 1, 2024, P.L.450, No.41, eff. 60 days) 2024 Amendment.Act 41 amended the section heading and added subsec. (e). See section 1 of Act 41 in the appendix to this title for special provisions relating to findings and declarations. Cross References.Section 2106 is referred to in sections 2103, 2A103, 7102, 9102 of this title.