2-707 - "Person in the Position of a Seller". - New York Statutes

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).