Legislation
SECTION 2-707
"Person in the Position of a Seller"
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2, PART 7
Section 2--707. "Person in the Position of a Seller".
(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).
(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).