Section 2-A-514. Waiver of Lessee's Objections

(1)  In  rejecting  goods,  a  lessee's  failure to state a particular
  defect that is ascertainable  by  reasonable  inspection  precludes  the
  lessee  from  relying on the defect to justify rejection or to establish
  default:
         (a) if, stated seasonably, the lessor or the supplier could  have
             cured it (Section 2-A-513); or
         (b) between  merchants  if  the  lessor  or  the  supplier  after
             rejection has made a request in writing for a full and  final
             written statement of all defects on which the lessee proposes
             to rely.
    (2)  A  lessee's  failure  to reserve rights when paying rent or other
  consideration against documents precludes recovery of  the  payment  for
  defects apparent on the face of the documents.