Conclusions and Recommendations of the Commercial Code Committee, Submitted to the Governor and the Legislature, October 1961: Wisconsin annotations to the Uniform Commercial CodeWisconsin Legislative Council, 1961 |
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acceptance Accord action agreed agreement annotations appears apply Article bank bill breach bulk buyer changes or clarifications clear Code collateral collection complete conditional consideration contains contract course court covered creditors Cross references custom damages deals defense definition delivered delivery documents draft duty effect evidence example express fact faith filing financing give held holder implied important indorsement instrument intent involved issue letter liability lien limited loss matter means ment merchant mortgage negotiable Note notice obligations official UCC official UCC comment particular parties payable payment performance permitting person present law protection provision purchaser question reasonable receipt regard relating remedies requirement risk rule security interest sell seller sentence specific statute of frauds statutory Summary of changes tion tract trade transaction transfer Uniform unless warranty Wis.Stat Wisconsin
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Sida 172 - Presentment for payment is not necessary in order to charge the person primarily liable on the instrument ; but if the instrument is, by its terms, payable at a special place, and he is able and willing to pay it there at maturity, such ability and willingness are equivalent to a tender of payment upon his part.
Sida 127 - Where there is an available market for the goods in question, the measure of damages is, in the absence of special circumstances, showing proximate damage of a greater amount, the difference between the contract price and the market or current price at the time or times when the goods ought to have been accepted. or, if no time was fixed for acceptance, then at the time of the refusal to accept.
Sida 129 - The general rule is that the measure of damages is the difference between the contract price and the market value of the goods at the time and place of delivery...
Sida 42 - Where an incomplete instrument has not been delivered it will not, if completed and negotiated, without authority, be a valid contract in the hands of any holder, as against any person whose signature was placed thereon before delivery.
Sida 143 - The instrument need not follow the language of this act, but any terms are sufficient which clearly indicate an intention to conform to the requirements hereof. SEC. 11. Where the instrument or an acceptance or any indorsement thereon is dated, such date is deemed prima facie to be the true date of the making, drawing, acceptance, or indorsement as the case may be.
Sida 38 - Where the seller at the time of contracting has reason to know any particular purpose for which the goods are required and that the buyer is relying on the seller's skill or judgment to select or furnish suitable goods, there is unless excluded or modified under the next section an implied warranty that the goods shall be fit for such purpose.
Sida 74 - There must be some proof that the contract had reference to it, or proof arising out of the position of the parties, their knowledge of the course of business...
Sida 110 - ... or to whom such knowledge or skill may be attributed by his employment of an agent or broker or other intermediary who by his occupation holds himself out as having such knowledge or skill.
Sida 39 - A warranty under subsection (1) will be excluded or modified only by specific language or by circumstances which give the buyer reason to know that the person selling does not claim title in himself or that he is purporting to sell only such right or title as he or a third person may have.
Sida 184 - ... account of the injury complained of and the decision on appeal to this court that the minor was employed contrary to law, hence the injury was not covered by the policy. The only question remaining is whether the former judgments against the appellant are conclusive. We are of opinion that they are. The rule seems to be well settled that where the defense in an action is duly tendered to one who may under any aspect of the case be liable over to the party sued, the person to whom the defense...