Maine Revised Statutes
Part 7: REMEDIES
11 §2-709. Action for the price

§2-709. Action for the price
(1).  When the buyer fails to pay the price as it becomes due, the seller may recover, together with any incidental damages under section 2‑710, the price  
(a). Of goods accepted or of conforming goods lost or damaged within a commercially reasonable time after risk of their loss has passed to the buyer; and  
(b). Of goods identified to the contract if the seller is unable after reasonable effort to resell them at a reasonable price or the circumstances reasonably indicate that such effort will be unavailing.  
(2).  Where the seller sues for the price, he must hold for the buyer any goods which have been identified to the contract and are still in his control except that if resale become possible he may resell them at any time prior to the collection of the judgment. The net proceeds of any such resale must be credited to the buyer and payment of the judgment entitles him to any goods not resold.  
(3).  After the buyer has wrongfully rejected or revoked acceptance of the goods or has failed to make a payment due or has repudiated (section 2‑610), a seller who is held not entitled to the price under this section shall nevertheless be awarded damages for nonacceptance under section 2‑708.

Structure Maine Revised Statutes

Maine Revised Statutes

TITLE 11: UNIFORM COMMERCIAL CODE

Article 2: SALES

Part 7: REMEDIES

11 §2-701. Remedies for breach of collateral contracts not impaired

11 §2-702. Seller's remedies on discovery of buyer's insolvency

11 §2-703. Seller's remedies in general

11 §2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods

11 §2-705. Seller's stoppage of delivery in transit or otherwise

11 §2-706. Seller's resale including contract for resale

11 §2-707. "Person in the position of a seller"

11 §2-708. Seller's damages for nonacceptance or repudiation

11 §2-709. Action for the price

11 §2-710. Seller's incidental damages

11 §2-711. Buyer's remedies in general; buyer's security interest in rejected goods

11 §2-712. "Cover"; buyer's procurement of substitute goods

11 §2-713. Buyer's damages for nondelivery or repudiation

11 §2-714. Buyer's damages for breach in regard to accepted goods

11 §2-715. Buyer's incidental and consequential damages

11 §2-716. Buyer's right to specific performance or replevin

11 §2-717. Deduction of damages from price

11 §2-718. Liquidation or limitation of damages; deposits

11 §2-719. Contractual modification or limitation of remedy

11 §2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach

11 §2-721. Remedies for fraud

11 §2-722. Who can sue third parties for injury to goods

11 §2-723. Proof of market price; time and place

11 §2-724. Admissibility of market quotations

11 §2-725. Statute of limitations in contracts for sale