§12A-2-707. "Person in the Position of a Seller".
88 words·~1 min read·
/ok/title-12a-uniform-commercial-code/12a-2-707A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A "person in the position of a seller" includes as against a principal an agent who has paid or become responsible for the price of goods on behalf of his principal or anyone who otherwise holds a security interest or other right in goods similar to that of a seller.
(2)A person in the position of a seller may as provided in this article withhold or stop delivery (Section 2-705) and resell (Section 2-706) and recover incidental damages (Section 2-710). Laws 1961, p. 98, § 2-707.