Legislation
SECTION 2-704
Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2, PART 7
Section 2--704. Seller's Right to Identify Goods to the Contract
Notwithstanding Breach or to Salvage Unfinished Goods.
(1) An aggrieved seller under the preceding section may
(a) identify to the contract conforming goods not already
identified if at the time he learned of the breach they are
in his possession or control;
(b) treat as the subject of resale goods which have demonstrably
been intended for the particular contract even though those
goods are unfinished.
(2) Where the goods are unfinished an aggrieved seller may in the
exercise of reasonable commercial judgment for the purposes of avoiding
loss and of effective realization either complete the manufacture and
wholly identify the goods to the contract or cease manufacture and
resell for scrap or salvage value or proceed in any other reasonable
manner.
Notwithstanding Breach or to Salvage Unfinished Goods.
(1) An aggrieved seller under the preceding section may
(a) identify to the contract conforming goods not already
identified if at the time he learned of the breach they are
in his possession or control;
(b) treat as the subject of resale goods which have demonstrably
been intended for the particular contract even though those
goods are unfinished.
(2) Where the goods are unfinished an aggrieved seller may in the
exercise of reasonable commercial judgment for the purposes of avoiding
loss and of effective realization either complete the manufacture and
wholly identify the goods to the contract or cease manufacture and
resell for scrap or salvage value or proceed in any other reasonable
manner.