Price payable in money, goods, realty, or otherwise

84-2-304. Price payable in money, goods, realty, or otherwise. (1) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods each party is a seller of the goods which he is to transfer. (2) Even though all or part of the price is payable in an interest in realty the transfer of the goods and the seller's obligations with reference to them are subject to this article, but not the transfer of the interest in realty or the transferor's obligations in connection therewith. History: L. 1965, ch. 564, § 38; January 1, 1966. KANSAS COMMENT, 1996 Subsection (1) sets out the treatment under Article 2 of sales transactions in which the price is paid in some medium other than money. In such a case, each party is treated as a buyer of the other party's goods and a seller of its own goods. Subsection (2) addresses transactions in which goods are exchanged for real estate. Article 2 governs only the goods portion of such a transaction. The obligations of the seller of goods are defined by Article 2, but the obligations of the seller of real estate are not. In appropriate circumstances, a court might apply by analogy the provisions of Article 2 to the non-goods portion of the transaction. See 1996 Kansas Comment 3 to 84-2-102. CASE ANNOTATIONS 1. Finding that computer incapable of performing as warranted upheld. Schatz Distributing Co. v. Olivetti Corp. of America, 7 Kan. App. 2d 676, 679, 647 P.2d 820 (1982). 2. Law firm defending client in insurance loss claims action fell within FDCPA (15 U.S.C. § 1692 et seq.) exception to debt collector definition. Kavassay v. Hasty, 236 F. Supp. 2d 1240, 1271 (2002).