A seller or lessor who is in possession of goods at the time the buyer or lessee breaches or repudiates a contract may in good faith resell, release, or otherwise dispose of the goods in a commercially reasonable manner and recover damages, including incidental damages, fromthe buyer or lessee. This is a description of which of the following rights?

Question

Madeline Woods

Business

6 January, 11:07

A seller or lessor who is in possession of goods at the time the buyer or lessee breaches or repudiates a contract may in good faith resell, release, or otherwise dispose of the goods in a commercially reasonable manner and recover damages, including incidental damages, fromthe buyer or lessee. This is a description of which of the following rights?

+2

Answers (1)

Know the Answer?

Mara Schultz · Answer 1

Right to dispose of goods

Explanation:

If the buyer or lessee breaches a contract the seller or lessor is entitled to cancel the contract. The seller or lessor also has the right to recover damages from the breached contract. If the seller or lessor is still in possession of the merchandise he can try to sell it to another buyer or lessee.