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2018 Georgia Code 11-2-707 | Car Wreck Lawyer

TITLE 11 COMMERCIAL CODE

Section 2. Sales, 11-2-101 through 11-2-725.

ARTICLE 2 SALES

11-2-707. "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 (Code Section 11-2-705) and resell (Code Section 11-2-706) and recover incidental damages (Code Section 11-2-710).

(Code 1933, § 109A-2 - 707, enacted by Ga. L. 1962, p. 156, § 1.)

JUDICIAL DECISIONS

Cited in Chrysler Credit Corp. v. Barnes, 126 Ga. App. 444, 191 S.E.2d 121 (1972).

RESEARCH REFERENCES

Am. Jur. 2d.

- 50 Am. Jur. 2d, Letters of Credit, and Credit Cards, § 75 et seq. 68A Am. Jur. 2d, Secured Transactions, § 13.

U.L.A.

- Uniform Commercial Code (U.L.A.) § 2-707.

ALR.

- Measure of damages for buyer's repudiation of or failure to accept goods under executory contract, 44 A.L.R. 215; 108 A.L.R. 1482.

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