§ 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.

2024年6月4日 · 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.

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. § …

2020年12月28日 · 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 ...

2024年12月16日 · When it comes to the UCC 1-308, many people wonder what types of documents it applies to overall. It is important to understand that this specific code, when incorporated into a contract, states that you are reserving your legal rights. In most states, you can legally include the UCC 1-308 in just about any legal document that you choose.

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.

UCC 1-308 allows you to accept the deal provisionally, while clearly stating that you’re not giving up your right to challenge it later. It’s a way to keep the conversation going and ensure that you’re not locked into an agreement that doesn’t work for you.

2024年1月1日 · New York Consolidated Laws, Uniform Commercial Code - UCC § 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.