§ 2.301 General Obligations of Parties
§ 2.302 Unconscionable Contract or Clause
§ 2.303 Allocation or Division of Risks
§ 2.304 Price Payable in Money, Goods, Realty, or Otherwise
§ 2.305 Open Price Term
§ 2.306 Output, Requirements and Exclusive Dealings
§ 2.307 Delivery in Single Lot or Several Lots
§ 2.308 Absence of Specified Place for Delivery
§ 2.309 Absence of Specific Time Provisions; Notice of Termination
§ 2.310 Open Time for Payment or Running of Credit; Authority to Ship Under Reservation
§ 2.311 Options and Cooperation Respecting Performance
§ 2.312 Warranty of Title and Against Infringement; Buyer’s Obligation Against Infringement
§ 2.313 Express Warranties by Affirmation, Promise, Description, Sample
§ 2.314 Implied Warranty: Merchantability; Usage of Trade
§ 2.315 Implied Warranty: Fitness for Particular Purpose
§ 2.316 Exclusion or Modification of Warranties
§ 2.317 Cumulation and Conflict of Warranties Express or Implied
§ 2.318 Chapter Neutral On Question of Third Party Beneficiaries of Warranties of Quality and On Need for Privity of Contract
§ 2.319 F.O.B
§ 2.320 C.I.F
§ 2.321 C.I.F
§ 2.322 Delivery “Ex-Ship”
§ 2.323 Form of Bill of Lading Required in Overseas Shipment; “Overseas”
§ 2.324 “No Arrival, No Sale” Term
§ 2.325 “Letter of Credit” Term; “Confirmed Credit”
§ 2.326 Sale On Approval and Sale or Return; Rights of Creditors
§ 2.327 Special Incidents of Sale On Approval and Sale or Return
§ 2.328 Sale by Auction

Terms Used In Texas Business and Commerce Code Chapter 2 > Subchapter C - General Obligation and Construction of Contract

  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Buyer: means a person who buys or contracts to buy goods. See Texas Business and Commerce Code 2.103
  • Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Texas Business and Commerce Code 2.106
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Docket: A log containing brief entries of court proceedings.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Ex officio: Literally, by virtue of one's office.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Justice: when applied to a magistrate, means justice of the peace. See Texas Government Code 312.011
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
  • Personal property: All property that is not real property.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Seller: means a person who sells or contracts to sell goods. See Texas Business and Commerce Code 2.103
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.
  • Year: means 12 consecutive months. See Texas Government Code 311.005