788                               LAWS OF MARYLAND                        [CH. 538

(4) The presence in certain provisions of this Article of the words
"unless otherwise agreed" or words of similar import does not imply
that the effect of other provisions may not be varied by agreement
under subsection (8).

(5) In this Article unless the context otherwise requires

(a)  words in the singular number include the plural, and in the
plural include the singular;

(b)  words of the masculine gender include the feminine and the
neuter, and when the sense so indicates words of the neuter gender
may refer to any gender.

1—103. Supplementary General Principles of Law Applicable.

Unless displaced by the particular provisions of this Article, the
principles of law and equity, including the law merchant and the law
relative to capacity to contract, principal and agent, estoppel, fraud,
misrepresentation, duress, coercion, mistake, bankruptcy, or other
validating or invalidating cause shall supplement its provisions.

1—104. Construction Against Implicit Repeal.

This Article being a general act intended as a unified coverage of
its subject matter, no part of it shall be deemed to be impliedly re-
pealed by subsequent legislation if such construction can reasonably
be avoided.

1—105. Territorial Application of the Article; Parties' Power to
Choose Applicable Law.

(1)    Except as provided hereafter in this section, when a trans-
action bears a reasonable relation to this state and also to another
state or nation the parties may agree that the law either of this state
or of such other state or nation shall govern their rights and duties.
Failing such agreement this Article applies to transactions bearing
an appropriate relation to this state.

(2)   Where one of the following provisions of this Article specifies
the applicable law, that provision governs and a contrary agreement
is effective only to the extent permitted by the law (including the
conflict of laws rules) so specified:

Rights of creditors against sold goods. Section 2—402.

Applicability of the Sub-title on Bank Deposits and Collections.
Section 4—102.

Bulk transfers subject to the Sub-title on Bulk Transfers. Section
6—102.

Applicability of the Sub-title on Investment Securities. Section
8—106.

Policy and scope of the Sub-title on Secured Transactions. Sec-
tions 9—102 and 9—103.

1—106. Remedies to Be Liberally Administered.

(1) The remedies provided by this Article shall be liberally admin-
istered to the end that the aggrieved party may be put in as good a
position as if the other party had fully performed but neither con-
sequential or special nor penal damages may be had except as specifi-
cally provided in this Article or by other rule of law.