Illinois Compiled Statutes 810 ILCS 5/2-707 – “Person in the position of a seller”
Current as of: 2024 | Check for updates
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(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).
(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).
Terms Used In Illinois Compiled Statutes 810 ILCS 5/2-707
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Seller: means a person who sells or contracts to
sell goods. See Illinois Compiled Statutes 810 ILCS 5/2-103
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