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 (section 554.2612), then also with respect to the whole undelivered balance, the aggrieved seller may:
1. withhold delivery of such goods;
2. stop delivery by any bailee as hereafter provided (section 554.2705);
3. proceed under section 554.2704 respecting goods still unidentified to the contract; \n Tue Dec 09 22:02:40 2025 Iowa Code 2026, Chapter 554 (108, 4) 49 UNIFORM COMMERCIAL CODE, §554.2706\n\n 4. resell and recover damages as hereafter provided (section 554.2706);
5. recover damages for nonacceptance (section 554.2708) or in a proper case the price (section 554.2709);
6. cancel. [C24, 27, 31, 35, 39, §9993; C46, 50, 54, 58, 62, §554.65; C66, 71, 73, 75, 77, 79, 81, §554.2703] 2008 Acts, ch 1032, §73 Referred to in §554.2602, 554.2610, 554.2704, 554.2706 \n
Notes of Decisions
Cited in
10
cases (
1 in the last 5 years), 1973–2021 · leading case:
Pillsbury Co. v. Ward, 250 N.W.2d 35 (Iowa 1977).
Pillsbury Co. v. Ward, 250 N.W.2d 35 (Iowa 1977).
· cites it 8× “When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may "(a) for a commercially reasonable time await performance by the repudiating party; or…”
Purina Mills, L.L.C. v. Less, 295 F. Supp. 2d 1017 (N.D. Iowa 2003).
· cites it 6× “See Iowa Code § 554.2703 . 7 The UCC rejects Purina’s claim to a right to select the remedy of its choosing in Comment 1 to § 2-703: This section is an index section which gathers together in one convenient place all of the various remedies open to a seller for any breach by the…”
Nora Springs Coop. Co. v. Brandau, 247 N.W.2d 744 (Iowa 1976).
· cites it 2× “Prefatorily we note section 554.2703(f) provides that where the buyer breaches the contract the aggrieved seller may “cancel.”
Mincks Agri Ctr., Inc. v. Bell Farms, Inc., 611 N.W.2d 270 (Iowa 2000).
· cites it 4× “resort to any remedy for breach (section 554.2703 or 554.2711), even though the aggrieved party has notified the repudiating party that the aggrieved party would await the latter's performance and has urged retraction; and c.”
Barz v. Geneva Elevator Co., 12 F. Supp. 2d 943 (N.D. Iowa 1998).
· cites it 2× “resort to any remedy for breach (section 554.2703 or 554.2711), even though the aggrieved party has notified the repudiating party that the aggrieved party would await the latter’s performance and has urged retraction; and c.”
Whewell v. Dobson, 227 N.W.2d 115 (Iowa 1975).
· cites it 2× “When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may “(a) for a commercially reasonable time await performance by the repudiating party; or…”
Twin Bridges Truck City, Inc. v. Halling, 205 N.W.2d 736 (Iowa 1973).
· cites it 2× “2706, The Code, provides in pertinent part: “(1) Under the conditions stated in Section 554.2703 on seller’s remedies, the seller may resell the goods concerned or the undelivered balance thereof.”
Hansen-Mueller Co. v. Gau, 838 N.W.2d 138 (Iowa Ct. App. 2013).
· cites it 4× “See Iowa Code § 554.2703 ; Pillsbury Co. v. Ward, 250 N.”
Rexing Quality Eggs v. Rembrandt Enter., Inc. (7th Cir. 2021).
· cites it 2× “20-1726 & 20-1727 We begin our analysis with the applicable provisions of 53 Iowa’s UCC, Iowa Code § 554.2703 ; it provides: 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…”
— Iowa Code § 554.2703(f) — 2 cases
Nora Springs Coop. Co. v. Brandau, 247 N.W.2d 744 (Iowa 1976).
“Prefatorily we note section 554.2703(f) provides that where the buyer breaches the contract the aggrieved seller may “cancel.”
Pillsbury Co. v. Ward, 250 N.W.2d 35 (Iowa 1977).
“When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may "(a) for a commercially reasonable time await performance by the repudiating party; or…”
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