(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.

Terms Used In Tennessee Code 47-2-707

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Seller: means a person who sells or contracts to sell goods. See Tennessee Code 47-2-103
(2) A person in the position of a seller may as provided in this chapter withhold or stop delivery (§ 47-2-705) and resell (§ 47-2-706) and recover incidental damages (§ 47-2-710).
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