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§ 12a-2-707 — New Jersey Law | CourtGPT
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New Jersey Legal Code

§ 12a-2-707

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12A: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 Chapter withhold or stop delivery (12A:2-705) and resell (12A:2-706) and recover incidental damages (12A:2-710). L.1961, c. 120, s. 2-707.