Allocation or division of risks.

Iowa Code § 554.2303, under UNIFORM COMMERCIAL CODE.

Iowa Code § 554.2303

Where this Article allocates a risk or a burden as between the parties “unless otherwise agreed”, the agreement may not only shift the allocation but may also divide the risk or burden. [C66, 71, 73, 75, 77, 79, 81, §554.2303 ]