12A:2-707 - "Person in the position of a seller" - New Jersey Statutes

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.