Indiana Code 26-1-2-703. Seller’s remedies in general
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Sec. 703. Where the buyer wrongfully rejects or revokes acceptance of goods or fails to make a payment due on or before delivery or repudiates with respect to a part or the whole, then with respect to any goods directly affected and, if the breach is of the whole contract (IC 26-1-2-612), then also with respect to the whole undelivered balance, the aggrieved seller may:
(b) stop delivery by any bailee as hereafter provided (IC 26-1-2-705);
(a) withhold delivery of such goods;
Terms Used In Indiana Code 26-1-2-703
- 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.
(c) proceed under IC 26-1-2-704 respecting goods still unidentified to the contract;
(d) resell and recover damages as hereafter provided (IC 26-1-2-706);
(e) recover damages for nonacceptance (IC 26-1-2-708) or in a proper case the price (IC 26-1-2-709);
(f) cancel.
Formerly: Acts 1963, c.317, s.2-703. As amended by P.L.152-1986, SEC.162.