Michigan Compiled Laws
174-1962-2-7 - Part 7 Remedies (440.2701...440.2725)
Section 440.2703 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Remedies of Seller.

Sec. 2703.
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 (section 2612), 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 (section 2705);
(c) proceed under the next section respecting goods still unidentified to the contract;
(d) resell and recover damages as hereafter provided (section 2706);
(e) recover damages for nonacceptance (section 2708) or in a proper case the price (section 2709);
(f) cancel.
History: 1962, Act 174, Eff. Jan. 1, 1964

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 440 - Uniform Commercial Code

Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)

Article 2 - Sales (440.2101...440.2725)

174-1962-2-7 - Part 7 Remedies (440.2701...440.2725)

Section 440.2701 - Collateral or Ancillary Contracts; Remedies for Breach.

Section 440.2702 - Insolvency of Buyer; Remedies of Seller.

Section 440.2703 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Remedies of Seller.

Section 440.2704 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Identification of Goods; Resale; Salvage.

Section 440.2705 - Stoppage of Delivery in Transit or Otherwise; Conditions; Notice to Bailee.

Section 440.2706 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Resale by Seller; Recovery of Loss; Notice to Buyer; Profit.

Section 440.2707 - Person in the Position of a Seller.

Section 440.2708 - Nonacceptance or Repudiation; Seller's Damages.

Section 440.2709 - Nonpayment; Action for Price, Damages.

Section 440.2710 - Seller's Incidental Damages.

Section 440.2711 - Nondelivery, Repudiation, Rejection, or Revocation of Acceptance; Buyer's Remedies; Security Interest in Goods.

Section 440.2712 - Cover; Procurement of Substitute Goods; Buyer's Damages.

Section 440.2713 - Nondelivery or Repudiation; Buyer's Damages.

Section 440.2714 - Accepted Goods; Buyer's Damages for Breach.

Section 440.2715 - Buyer's Incidental and Consequential Damages.

Section 440.2716 - Specific Performance; Replevin; Claim and Delivery.

Section 440.2717 - Deduction of Damages From Price; Notice.

Section 440.2718 - Liquidation and Limitation of Damages; Restitution to Buyers.

Section 440.2719 - Contractual Modification or Limitation of Remedies.

Section 440.2720 - Cancellation, Rescission, Antecedent Breach.

Section 440.2721 - Remedies for Misrepresentation or Fraud.

Section 440.2722 - Right of Action Against Third Party for Injury to Goods.

Section 440.2723 - Evidence of Market Price; Time, Place, Surprise.

Section 440.2724 - Evidence of Market Price; Market Quotations, Admissibility.

Section 440.2725 - Statute of Limitations in Contracts for Sale; Contractual Reduction.