§ 1-308. Performance or Acceptance Under Reservation of Rights.
(a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as "without prejudice," "under protest," or the like are sufficient.
UCC 1-308 Explained: Preserve Your Rights with This Legal Provision
Jun 4, 2024 · The purpose of UCC 1-308, enacted to replace UCC 1-207, is to protect an individual or business entity from unknowingly giving up rights by agreeing to specific contract terms.
UCC 1-308 (Complete Overview: All You Need To Know)
Nov 8, 2024 · UCC 1-308 is a provision that is commonly used in commercial transactions to protect parties in the event of a dispute. The provision allows parties to reserve certain rights that may not be explicitly stated in a contract or agreement, and it can provide a legal safety net in case of a dispute.
U.C.C. - ARTICLE 1 - GENERAL PROVISIONS (2001)
PART 1. GENERAL PROVISIONS § 1-101. Short Titles. § 1-102. Scope of Article. § 1-103. Construction of [Uniform Commercial Code] to Promote its Purposes and Policies: Applicability of Supplemental Principles of Law. § 1-104. Construction Against Implied Repeal. § 1-105. Severability. § 1-106. Use of Singular and Plural; Gender. § 1-107 ...
What is UCC 1-308? - Legal Explanations
Mar 16, 2023 · UCC 1-308 will protect you from the manufacturer making claims that you agreed to this change in price. This means that if you pay the invoice although you disagree with the price, the manufacturer cannot claim that you openly agreed to the change.
Let it be known to all that I, John-Raymond: Doe explicitly reserve all of my rights. See UCC1-308 which was formally UCC 1-207. “§ 1-308. Performance or Acceptance Under Reservation of Rights. (a) A party that with explicit reservation of rights performs or …
PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF RIGHTS, U.C.C. § 1-308
§ 1-308. PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF RIGHTS (a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved.
UCC 1-308 (Complete Overview: All You Need To Know)
Dec 28, 2020 · UCC 1-308 refers to Section 1-308 of the Uniform Commercial Code titled “Performance or Acceptance Under Reservation of Rights”. UCC 1-308 states: A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the ...
Uniform Commercial Code Law Section 1-308
Oct 26, 2024 · Section 1--308. Performance or Acceptance Under Reservation of Rights. A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved.
New York Uniform Commercial Code Law § 1-308 (2023) - Justia Law
Section 1--308. Performance or Acceptance Under Reservation of Rights. A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved.