Legislation
SECTION 2-304
Price Payable in Money, Goods, Realty, or Otherwise
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2, PART 3
Section 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.
(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.