The buyer on notifying the seller of his intention to do so may deduct all or any part of the damages resulting from any breach of the contract from any part of the price still due under the same contract.
N.J. Stat. Ann. § 12A:2-717
Deduction of damages from the price
Applied in 2 court decisions — leading case 741 F. Supp. 2d 651 - Rocheux International of New Jersey, Inc. v. U.S. Merchants Financial Group, Inc. (2010)
Most recently applied in 741 F. Supp. 2d 651 - Rocheux International of New Jersey, Inc. v. U.S. Merchants Financial Group, Inc. (September 2010)
L.1961, c. 120, s. 2-717.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.