402.707 “ Person in the position of a seller".

WI Stat § 402.707 (2019) (N/A)
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402.707 “ 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 the agent's 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 (s. 402.705) and resell (s. 402.706) and recover incidental damages (s. 402.710).

History: 1991 a. 316.