Minnesota Statutes 336.2-717 – Deduction of Damages From the Price
Current as of: 2023 | Check for updates
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The buyer on notifying the seller of an intention to do so may deduct all or any part of the damages resulting from any breach of the contract from any part of the price still due under the same contract.
Terms Used In Minnesota Statutes 336.2-717
- Buyer: means a person who buys or contracts to buy goods. See Minnesota Statutes 336.2-103
- Contract: A legal written agreement that becomes binding when signed.
- 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 Minnesota Statutes 336.2-103