Sec. 2.709. ACTION FOR THE PRICE. (a) When the buyer fails to pay the price as it becomes due the seller may recover, together with any incidental damages under the next section, the price
(1) 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
(2) 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.
(b) 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 becomes 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.
(c) 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 the preceding section.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Section 2.701. Remedies for Breach of Collateral Contracts Not Impaired
Section 2.702. Seller's Remedies on Discovery of Buyer's Insolvency
Section 2.703. Seller's Remedies in General
Section 2.705. Seller's Stoppage of Delivery in Transit or Otherwise
Section 2.706. Seller's Resale Including Contract for Resale
Section 2.707. "Person in the Position of a Seller"
Section 2.708. Seller's Damages for Non-Acceptance or Repudiation
Section 2.709. Action for the Price
Section 2.710. Seller's Incidental Damages
Section 2.711. Buyer's Remedies in General; Buyer's Security Interest in Rejected Goods
Section 2.712. "Cover"; Buyer's Procurement of Substitute Goods
Section 2.713. Buyer's Damages for Non-Delivery or Repudiation
Section 2.714. Buyer's Damages for Breach in Regard to Accepted Goods
Section 2.715. Buyer's Incidental and Consequential Damages
Section 2.716. Buyer's Right to Specific Performance or Replevin
Section 2.717. Deduction of Damages From the Price
Section 2.718. Liquidation or Limitation of Damages; Deposits
Section 2.719. Contractual Modification or Limitation of Remedy
Section 2.720. Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach
Section 2.721. Remedies for Fraud
Section 2.722. Who Can Sue Third Parties for Injury to Goods
Section 2.723. Proof of Market Price: Time and Place