# Wyo. Stat. § 34.1-2-106: Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation"

> Wyoming · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-106

## Section

- **Citation:** Wyo. Stat. § 34.1-2-106
- **Heading:** Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation"
- **Jurisdiction:** Wyoming
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Wyoming Code / Title 34.1 / Chapter 2 / Section 34.1-2-106

## Text

(a) In this article unless the context otherwise requires "contract" and "agreement" are limited to those relating to the present or future sale of goods. "Contract for sale" includes both a present sale of goods and a contract to sell goods at a future time. A "sale" consists in the passing of title from the seller to the buyer for a price (section 34.1-2-401). A "present sale" means a sale which is accomplished by the making of the contract.

(b) Goods or conduct including any part of a performance are "conforming" or conform to the contract when they are in accordance with the obligations under the contract.

(c) "Termination" occurs when either party pursuant to a power created by agreement or law puts an end to the contract otherwise than for its breach. On "termination" all obligations which are still executory on both sides are discharged but any right based on prior breach or performance survives.

(d) "Cancellation" occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of "termination" except that the cancelling party also retains any remedy for breach of the whole contract or any unperformed balance.

## Nearby sections

- [Wyo. Stat. § 34.1-2-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-101.md)
- [Wyo. Stat. § 34.1-2-102 Scope; certain security and other transactions excluded from this article](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-102.md)
- [Wyo. Stat. § 34.1-2-103 Definitions and index of definitions](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-103.md)
- [Wyo. Stat. § 34.1-2-104 Definitions: "Merchant"; "between merchants"; "financing agency"](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-104.md)
- [Wyo. Stat. § 34.1-2-105 Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit"](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-105.md)
- [Wyo. Stat. § 34.1-2-106 Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation"](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-106.md)
- [Wyo. Stat. § 34.1-2-107 Goods to be severed from realty; recording](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-107.md)
- [Wyo. Stat. § 34.1-2-201 Formal requirements; statute of frauds](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-201.md)
- [Wyo. Stat. § 34.1-2-202 Final written expression; parol or extrinsic evidence](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-202.md)
- [Wyo. Stat. § 34.1-2-203 Seals inoperative](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-203.md)
- [Wyo. Stat. § 34.1-2-204 Formation in general](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-204.md)
- [Wyo. Stat. § 34.1-2-205 Firm offers](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-205.md)
- [Wyo. Stat. § 34.1-2-206 Offer and acceptance in formation of contract](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-206.md)
- [Wyo. Stat. § 34.1-2-207 Additional terms in acceptance or confirmation](https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-207.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WY_T34.1_C2_S34.1-2-106. Check the current official text before relying on it. Not legal advice.