2-704 - Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods. - New-york Statutes

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Statutes > New-york > Ucc > Article-2 > Part-7 > 2-704

Section 2--704. Seller's   Right  to  Identify  Goods  to  the  Contract                    Notwithstanding Breach or to Salvage Unfinished Goods.    (1) An aggrieved seller under the preceding section may         (a) identify  to  the  contract  conforming  goods  not   already             identified  if  at the time he learned of the breach they are             in his possession or control;         (b) treat as the subject of resale goods which have  demonstrably             been  intended  for the particular contract even though those             goods are unfinished.    (2) Where the goods are unfinished an  aggrieved  seller  may  in  the  exercise  of reasonable commercial judgment for the purposes of avoiding  loss and of effective realization either complete  the  manufacture  and  wholly  identify  the  goods  to  the  contract or cease manufacture and  resell for scrap or salvage value or proceed  in  any  other  reasonable  manner.

State Codes and Statutes

Statutes > New-york > Ucc > Article-2 > Part-7 > 2-704

Section 2--704. Seller's   Right  to  Identify  Goods  to  the  Contract                    Notwithstanding Breach or to Salvage Unfinished Goods.    (1) An aggrieved seller under the preceding section may         (a) identify  to  the  contract  conforming  goods  not   already             identified  if  at the time he learned of the breach they are             in his possession or control;         (b) treat as the subject of resale goods which have  demonstrably             been  intended  for the particular contract even though those             goods are unfinished.    (2) Where the goods are unfinished an  aggrieved  seller  may  in  the  exercise  of reasonable commercial judgment for the purposes of avoiding  loss and of effective realization either complete  the  manufacture  and  wholly  identify  the  goods  to  the  contract or cease manufacture and  resell for scrap or salvage value or proceed  in  any  other  reasonable  manner.

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State Codes and Statutes

Statutes > New-york > Ucc > Article-2 > Part-7 > 2-704

Section 2--704. Seller's   Right  to  Identify  Goods  to  the  Contract                    Notwithstanding Breach or to Salvage Unfinished Goods.    (1) An aggrieved seller under the preceding section may         (a) identify  to  the  contract  conforming  goods  not   already             identified  if  at the time he learned of the breach they are             in his possession or control;         (b) treat as the subject of resale goods which have  demonstrably             been  intended  for the particular contract even though those             goods are unfinished.    (2) Where the goods are unfinished an  aggrieved  seller  may  in  the  exercise  of reasonable commercial judgment for the purposes of avoiding  loss and of effective realization either complete  the  manufacture  and  wholly  identify  the  goods  to  the  contract or cease manufacture and  resell for scrap or salvage value or proceed  in  any  other  reasonable  manner.