General Obligation and Construction of Contract

General obligations of parties.

Unconscionable contract or clause.

Allocation or division of risks.

Price payable in money, goods, realty or otherwise.

Open price term.

Output, requirements and exclusive dealings.

Delivery in single lot or several lots.

Absence of specified place for delivery.

Absence of specific time for action or duration of contract

Open time for payment or running of credit

Options and cooperation respecting performance.

Warranty of title and against infringement

Express warranties by affirmation, promise, description or sample.

Implied warranty: Merchantability

Implied warranty: Fitness for particular purpose.

Exclusion or modification of warranties.

Cumulation and conflict of warranties express or implied.

Third-party beneficiaries of warranties express or implied.

F.O.B. and F.A.S. terms.

C.I.F. and C. & F. terms.

C.I.F. or C. & F.: “Net landed weights”

Delivery “ex-ship.”

Form of bill of lading required in overseas shipment

“No arrival, no sale” term.

“Letter of credit” term

Sale on approval and sale or return

Special incidents of sale on approval and sale or return.

Sale by auction.