Terms Used In Vermont Statutes Title 9 Sec. 2-707

  • 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

§ 2—707. “Person in the position of a seller”

(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.

(2) A person in the position of a seller may as provided in this article withhold or stop delivery (§ 2—705) and resell (§ 2—706) and recover incidental damages (§ 2—710).