Sec. 42a-2-703. Seller's remedies in general.
Sec. 42a-2-703. Seller's remedies in general. Where the buyer wrongfully rejects
or revokes acceptance of goods or fails to make a payment due on or before delivery or
repudiates with respect to a part or the whole, then with respect to any goods directly
affected and, if the breach is of the whole contract as provided in section 42a-2-612,
then also with respect to the whole undelivered balance, the aggrieved seller may (a)
withhold delivery of such goods; (b) stop delivery by any bailee as provided in section
42a-2-705; (c) proceed under the next section respecting goods still unidentified to the
contract; (d) resell and recover damages as hereafter provided in section 42a-2-706; (e)
recover damages for nonacceptance as provided in section 42a-2-708 or in a proper case
the price as provided in section 42a-2-709; (f) cancel.
(1959, P.A. 133, S. 2-703.)
Annotations to former statute (1958 Rev., S. 42-53):
Nature of lien and right of resale; action may still be brought to recover balance between amount realized and purchase
price. 86 C. 30; 88 C. 135; 100 C. 736, 737. Nonnegotiable bill of lading remains so, and in an attempted negotiation by
endorsement merely operates as an assignment, leaving seller's right of stoppage in transit unimpaired. 104 C. 484. Cited.
137 C. 250.
Annotations to present section:
Cited. 166 C. 280. Cited. 183 C. 266. Cited. 189 C. 433.
Subdiv. (f):
Cited. 180 C. 714.