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2016 North Carolina General Statutes
Chapter 25 - Uniform Commercial Code.
Article 2 - Sales.
§ 25-2-707 - "Person in the position of a seller."
Universal Citation:
NC Gen Stat § 25-2-707 (2016)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
25-2-707. "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 (G.S. 25-2-705) and resell (G.S. 25-2-706) and recover incidental damages (G.S. 25-2-710). (1965, c. 700, s. 1.)
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