40 chapters · 412 sections in this title.
5 CMC § 2301 General Obligations of Parties
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General Obligations of Parties. The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract. Source: PL 3-56, § 1 (§ 2301).
5 CMC § 2302 Unconscionable Contract or Clause
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Unconscionable Contract or Clause. (1) If the court as a matter of law finds the contract or any clause of the contract to have been unconscionable at the time it was made the court may refuse to enforce the contract, or it may enforce the remainder of the contract without the un…
5 CMC § 2303 Allocation or Division of Risks
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Allocation or Division of Risks. Where this division 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. Source: PL 3-56, § 1 (§ 2303).
5 CMC § 2304 Price Payable in Money, Goods, Realty, or Otherwise
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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 inter…