§ 402.301 General obligations of parties
§ 402.302 Unconscionable contract or clause
§ 402.303 Allocation or division of risks
§ 402.304 Price payable in money, goods, realty, or otherwise
§ 402.305 Open price term
§ 402.306 Output, requirements and exclusive dealings
§ 402.307 Delivery in single lot or several lots
§ 402.308 Absence of specified place for delivery
§ 402.309 Absence of specific time provisions; notice of termination
§ 402.310 Open time for payment or running of credit; authority to ship under reservation
§ 402.311 Options and cooperation respecting performance
§ 402.312 Warranty of title and against infringements; buyer’s obligation against infringement
§ 402.313 Express warranties by affirmation, promise, description, sample
§ 402.314 Implied warranty: merchantability; usage of trade
§ 402.315 Implied warranty: fitness for particular purpose
§ 402.316 Exclusion or modification of warranties
§ 402.317 Cumulation and conflict of warranties express or implied
§ 402.318 Third-party beneficiaries of warranties, express or implied
§ 402.319 F.O.B. and F.A.S. terms
§ 402.320 C.I.F. and C.& F. terms
§ 402.321 C.I.F. or C.& F.: “net landed weights”; “payment on arrival”; warranty of condition on arrival
§ 402.322 Delivery “ex-ship”
§ 402.323 Form of bill of lading required in overseas shipment; “overseas”
§ 402.324 “No arrival, no sale” term
§ 402.325 “Letter of credit” term; “confirmed credit”
§ 402.326 Sale on approval and sale or return; rights of creditors
§ 402.327 Special incidents of sale on approval and sale or return
§ 402.328 Sale by auction

Terms Used In Wisconsin Statutes > Chapter 402 > Subchapter III - General Obligation and Construction of Contract

  • Buyer: means a person who buys or contracts to buy goods. See Wisconsin Statutes 402.103
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Wisconsin Statutes 402.106
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
  • 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.
  • Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
  • Property: includes real and personal property. See Wisconsin Statutes 990.01
  • 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 Wisconsin Statutes 402.103
  • 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.
  • State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.