§2-609 Right to Adequate Assurance of Performance

GPTKB entity

Statements (13)
Predicate Object
gptkbp:instanceOf Uniform Commercial Code section
gptkbp:allows party with reasonable grounds for insecurity to demand assurance
gptkbp:appliesTo contracts for sale of goods
gptkbp:codifiedIn gptkb:UCC_Article_2
https://www.w3.org/2000/01/rdf-schema#label §2-609 Right to Adequate Assurance of Performance
gptkbp:partOf gptkb:Uniform_Commercial_Code
gptkbp:permits suspension of performance until assurance is received
gptkbp:provides right to demand adequate assurance of performance
gptkbp:reasonableTime not exceeding 30 days
gptkbp:requires written demand for assurance
gptkbp:state failure to provide assurance within reasonable time is repudiation
gptkbp:bfsParent gptkb:Uniform_Commercial_Code_Article_2
gptkbp:bfsLayer 7