§ 55-2-601 Buyer’s rights on improper delivery
§ 55-2-602 Manner and effect of rightful rejection
§ 55-2-603 Merchant buyer’s duties as to rightfully rejected goods
§ 55-2-604 Buyer’s options as to salvage of rightfully rejected goods
§ 55-2-605 Waiver of buyer’s objections by failure to particularize
§ 55-2-606 What constitutes acceptance of goods
§ 55-2-607 Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over
§ 55-2-608 Revocation of acceptance in whole or in part
§ 55-2-609 Right to adequate assurance of performance
§ 55-2-610 Anticipatory repudiation
§ 55-2-611 Retraction of anticipatory repudiation
§ 55-2-612 “Installment contract”; breach
§ 55-2-613 Casualty to identified goods
§ 55-2-614 Substituted performance
§ 55-2-615 Excuse by failure of presupposed conditions
§ 55-2-616 Procedure on notice claiming excuse
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Terms Used In New Mexico Statutes > Chapter 55 > Article 2 > Part 6

  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • 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.
  • buyer: means a person who buys or contracts to buy goods. See New Mexico Statutes 55-2-103
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • 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.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Oath: A promise to tell the truth.
  • 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.
  • seller: means a person who sells or contracts to sell goods. See New Mexico Statutes 55-2-103
  • 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.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.