Massachusetts General Laws ch. 106 sec. 2-701 – Remedies for Breach of Collateral Contracts Not Impaired
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Section 2–701. Remedies for breach of any obligation or promise collateral or ancillary to a contract for sale are not impaired by the provisions of this Article.
Terms Used In Massachusetts General Laws ch. 106 sec. 2-701
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.