U.C.C. - ARTICLE 2A - LEASES
..PART 5. DEFAULT
§ 2A-514. WAIVER OF LESSEE'S OBJECTIONS.
- (1) In rejecting goods,
a lessee's failure to state a particular
defect that is ascertainable by reasonable inspection precludes the lessee
from relying on the defect to justify rejection or to establish default:
- (a) if, stated seasonably, the lessor or
the supplier could have cured
it (Section 2A-513); or
- (b) between merchants if the lessor or
the supplier after rejection
has made a request in writing for a full and final written statement of
all defects on which the lessee proposes
to rely.
- (2) A lessee's failure
to reserve rights when paying rent or other consideration against documents
precludes recovery of the payment for defects apparent on the face of the documents.
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© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.