New Jersey Statutes 12A:2-703. Seller’s remedies in general
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Terms Used In New Jersey Statutes 12A:2-703
- Buyer: means a person who buys or contracts to buy goods. See New Jersey Statutes 12A: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 New Jersey Statutes 12A:2-103
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 (12A:2-612), then also with respect to the whole undelivered balance, the aggrieved seller may
(a) withhold delivery of such goods;
(b) stop delivery by any bailee as hereafter provided (12A:2-705);
(c) proceed under the next section respecting goods still unidentified to the contract;
(d) resell and recover damages as hereafter provided (12A:2-706);
(e) recover damages for non-acceptance (12A:2-708) or in a proper case the price (12A:2-709);
(f) cancel.
L.1961, c. 120, s. 2-703.