New Jersey § 12a:2-209
Full text of New Jersey New Jersey Statutes § 12a:2-209, with citation guidance and answers to common questions.
§ 12a:2-209.
(1) An agreement modifying a contract within this Chapter needs no consideration to
be binding. (2) A signed agreement which excludes modification or rescission except by a signed
writing cannot be otherwise modified or rescinded, but except as between merchants
such a requirement on a form supplied by the merchant must be separately signed by
the other party. (3) The requirements of the statute of frauds section of this Chapter (12A:2-201)
must be satisfied if the contract as modified is within its provisions. (4) Although an attempt at modification or rescission does not satisfy the requirements
of subsection (2) or (3) it can operate as a waiver. (5) A party who has made a waiver affecting an executory portion of the contract may
retract the waiver by reasonable notification received by the other party that strict
performance will be required of any term waived, unless the retraction would be unjust
in view of a material change of position in reliance on the waiver.
Frequently Asked Questions About New Jersey § 12a:2-209
What does New Jersey Statutes § 12a:2-209 cover?
Section 12a:2-209 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:2-209?
A common citation format is "New Jersey Statutes § 12a:2-209" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:2-209 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.