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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 2:

      Section: 12A: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 Chapter withhold or stop delivery (12A:2-705) and resell (12A:2-706) and recover incidental damages (12A:2-710).

L.1961, c. 120, s. 2-707.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 12a:2-707 (if available):



Court decisions that cite this statute: CLICK HERE.