Missouri Laws 400.2-707 – “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 400.2-705) and resell (section 400.2-706) and recover incidental damages (section 400.2-710).
Terms Used In Missouri Laws 400.2-707
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020