Maine Legislature Maine Revised Statutes
  • Session Law
  • Statutes
  • Maine State Constitution
  • Information
  • §2-106 PDF
  • §2-106 MS-Word
  • Statute Search
  • Art. 2 Contents
  • Title 11 Contents
  • List of Titles
  • Maine Law & Disclaimer
  • Revisor's Office
  • Maine Legislature
§2-106
Title 11: UNIFORM COMMERCIAL CODE
Article 2: SALES
Part 1: SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER
§2-107

§2-106. Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation"; "hybrid transaction"

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(WHOLE SECTION TEXT EFFECTIVE 7/01/25)
(1).  Contract. In this Article unless the context otherwise requires "contract" and "agreement" are limited to those relating to the present or future sale of goods. "Contract for sale" includes both a present sale of goods and a contract to sell goods at a future time. A "sale" consists in the passing of title from the seller to the buyer for a price (section 2‑401). A "present sale" means a sale which is accomplished by the making of the contract.  
(2).  Conforming. Goods or conduct including any part of a performance are "conforming" or conform to the contract when they are in accordance with the obligations under the contract.  
(3).  Termination. "Termination" occurs when either party pursuant to a power created by agreement or law puts an end to the contract otherwise than for its breach. On "termination" all obligations which are still executory on both sides are discharged but any right based on prior breach or performance survives.  
(4).  Cancellation. "Cancellation" occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of "termination" except that the cancelling party also retains any remedy for breach of the whole contract or of any unperformed balance.  
(5).  Hybrid transaction.  "Hybrid transaction" means a single transaction involving a sale of goods and:  
(a). The provision of services;   [PL 2023, c. 669, Pt. A, §15 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
(b). A lease of other goods; or   [PL 2023, c. 669, Pt. A, §15 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
(c). A sale, lease or license of property other than goods.   [PL 2023, c. 669, Pt. A, §15 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
[PL 2023, c. 669, Pt. A, §15 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
SECTION HISTORY
PL 2023, c. 669, Pt. A, §§14, 15 (AMD). PL 2023, c. 669, Pt. E, §1 (AFF).
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007
Data for this page extracted on 1/07/2025 11:10:17.
Maine Government
Legislature • Executive • Judicial • Agency Rules
Visit the State House
Tour Guide • Accessibility • Security Screening • Directions & Parking
Email
Office of the Revisor of Statutes