Terms Used In Kansas Statutes 84-2a-515

  • Commercial unit: means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. See Kansas Statutes 84-2a-103
  • Goods: means all things that are movable at the time of identification to the lease contract, or are fixtures (Kan. See Kansas Statutes 84-2a-103
  • Lessee: means a person who acquires the right to possession and use of goods under a lease. See Kansas Statutes 84-2a-103
  • Lessor: means a person who transfers the right to possession and use of goods under a lease. See Kansas Statutes 84-2a-103
  • Supplier: means a person from whom a lessor buys or leases goods to be leased under a finance lease. See Kansas Statutes 84-2a-103

(1) Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods; and

(a) the lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that the lessee will take or retain them in spite of their nonconformity; or

(b) the lessee fails to make an effective rejection of the goods (Kan. Stat. Ann. § 84-2a-509(2)).

(2) Acceptance of a part of any commercial unit is acceptance of that entire unit.