ABSTRACT

Art. 7.2.1 UP 2004: Where a party who is obliged to pay money does not do so, the other party may require payment.

Art. 7.2.2 UP 2004: Where a party who owes an obligation other than one to pay money does not perform, the other party may require performance, unless (a) performance is impossible in law or in fact; (b) performance or, where relevant, enforcement is unreasonably burdensome or

expensive; (c) the party entitled to performance may reasonably obtain performance from

another source; (d) performance is of an exclusively personal character; or (e) the party entitled to performance does not require performance within

a reasonable time after it has, or ought to have, become aware of the non-performance.