Vermont § 105 - § 2—105.

Full text of Vermont Vermont Statutes Online § 105 — § 2—105., with citation guidance and answers to common questions.

§ 105. § 2—105.

  • Definitions: transferability; “goods”; “future” goods; “lot”; “commercial unit” (1) “Goods” means all things (including specially manufactured goods) which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid, investment securities (article 8) and things in action. “Goods” also includes the unborn young of animals and growing crops and other identified things attached to realty as described in the section on goods to be severed from realty (§ 2—107). (2) Goods must be both existing and identified before any interest in them can pass.
    Goods which are not both existing and identified are “future” goods. A purported
    present sale of future goods or of any interest therein operates as a contract to
    sell. (3) There may be a sale of a part interest in existing identified goods. (4) An undivided share in an identified bulk of fungible goods is sufficiently identified
    to be sold although the quantity of the bulk is not determined. Any agreed proportion
    of such a bulk or any quantity thereof agreed upon by number, weight or other measure
    may to the extent of the seller’s interest in the bulk be sold to the buyer who then
    becomes an owner in common. (5) “Lot” means a parcel or a single article which is the subject matter of a separate
    sale or delivery, whether or not it is sufficient to perform the contract. (6) “Commercial unit” means such a unit of goods as by commercial usage is a single whole
    for purposes of sale and division of which materially impairs its character or value
    on the market or in use. A commercial unit may be a single article (as a machine)
    or a set of articles (as a suite of furniture or an assortment of sizes) or a quantity
    (as a bale, gross, or carload) or any other unit treated in use or in the relevant
    market as a single whole.

Frequently Asked Questions About Vermont § 105

What does Vermont Statutes Online § 105 cover?

Section 105 ("§ 2—105.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 105?

A common citation format is "Vermont Statutes Online § 105" (Vermont). 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 Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 105 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.