§ 1-305. 1-305
89 words·~1 min read·
/us/ucc/a1/s1-305A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The remedies provided by [the Uniform Commercial Code] must be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed but neither consequential or special damages nor penal damages may be had except as specifically provided in [the Uniform Commercial Code] or by other rule of law.
(b)Any right or obligation declared by [the Uniform Commercial Code] is enforceable by action unless the provision declaring it specifies a different and limited effect.