§ 810 ILCS 5/2-701 Remedies for breach of collateral contracts not impaired
§ 810 ILCS 5/2-702 Seller’s remedies on discovery of buyer’s insolvency
§ 810 ILCS 5/2-703 Seller’s remedies in general
§ 810 ILCS 5/2-704 Seller’s right to identify goods to the contract notwithstanding …
§ 810 ILCS 5/2-705 Seller’s stoppage of delivery in transit or otherwise
§ 810 ILCS 5/2-706 Seller’s resale including contract for resale
§ 810 ILCS 5/2-707 “Person in the position of a seller”
§ 810 ILCS 5/2-708 Seller’s damages for non-acceptance or repudiation
§ 810 ILCS 5/2-709 Action for the price
§ 810 ILCS 5/2-710 Seller’s incidental damages
§ 810 ILCS 5/2-711 Buyer’s remedies in general; buyer’s security interest in rejected goods
§ 810 ILCS 5/2-712 “Cover”; buyer’s procurement of substitute goods
§ 810 ILCS 5/2-713 Buyer’s damages for non-delivery or repudiation
§ 810 ILCS 5/2-714 Buyer’s damages for breach in regard to accepted goods
§ 810 ILCS 5/2-715 Buyer’s incidental and consequential damages
§ 810 ILCS 5/2-716 Buyer’s right to specific performance or replevin
§ 810 ILCS 5/2-717 Deduction of damages from the price
§ 810 ILCS 5/2-718 Liquidation or limitation of damages; deposits
§ 810 ILCS 5/2-719 Contractual modification or limitation of remedy
§ 810 ILCS 5/2-720 Effect of “cancellation” or “recision” on claims for antecedent breach
§ 810 ILCS 5/2-721 Remedies for fraud
§ 810 ILCS 5/2-722 Who can sue third parties for injury to goods
§ 810 ILCS 5/2-723 Proof of market price: time and place
§ 810 ILCS 5/2-724 Admissibility of market quotations
§ 810 ILCS 5/2-725 Statute of Limitations in Contracts for Sale

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Illinois Compiled Statutes > 810 ILCS 5 > Article 2 > Part 7 - Remedies

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appraisal: A determination of property value.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Buyer: means a person who buys or contracts to
    
buy goods. See Illinois Compiled Statutes 810 ILCS 5/2-103
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Illinois Compiled Statutes 810 ILCS 5/2-106
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Fraud: Intentional deception resulting in injury to another.
  • Habeas corpus: A writ that is usually used to bring a prisoner before the court to determine the legality of his imprisonment. It may also be used to bring a person in custody before the court to give testimony, or to be prosecuted.
  • individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legacy: A gift of property made by will.
  • Minority leader: See Floor Leaders
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Seller: means a person who sells or contracts to
  •     
    sell goods. See Illinois Compiled Statutes 810 ILCS 5/2-103
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14