Nevada Revised Statutes 104.2707 – ‘Person in the position of a seller.’
Current as of: 2023 | 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 or her principal or anyone who otherwise holds a security interest or other right in goods similar to that of a seller.
Terms Used In Nevada Revised Statutes 104.2707
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Seller: means a person who sells or contracts to sell goods. See Nevada Revised Statutes 104.2103
2. A person in the position of a seller may as provided in this Article withhold or stop delivery (NRS 104.2705) and resell (NRS 104.2706) and recover incidental damages (NRS 104.2710).