South Dakota Codified Laws 57A-2-717. Deduction of damages from the price
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The buyer on notifying the seller of his 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 South Dakota Codified Laws 57A-2-717
- Buyer: means a person who buys or contracts to buy goods. See South Dakota Codified Laws 57A-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 South Dakota Codified Laws 57A-2-103
Source: SL 1966, ch 150, § 2-717; SDCL, § 57-8-44.