North Carolina General Statutes § 25-2-703 Seller's remedies in general

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 (G.S. 25-2-612), then also with respect to the whole undelivered balance, the aggrieved seller may

(a)        withhold delivery of such goods;

(b)        stop delivery by any bailee as hereafter provided (G.S. 25-2-705);

(c)        proceed under the next section [G.S. 25-2-704] respecting goods still unidentified to the contract;

(d)       resell and recover damages as hereafter provided (G.S. 25-2-706);

(e)        recover damages for nonacceptance (G.S. 25-2-708) or in a proper case the price (G.S. 25-2-709);

(f)        cancel. (1965, c. 700, s. 1.)

Sections:  Previous  25-2-612  25-2-613  25-2-614  25-2-615  25-2-616  25-2-701  25-2-702  25-2-703  25-2-704  25-2-705  25-2-706  25-2-708  25-2-709  25-2-710  25-2-711  Next

Last modified: March 23, 2014