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N.Y. U.C.C. 2-704

Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods

2014-09-22

Section 2--704. Seller's Right to Identify Goods to the Contract\n Notwithstanding Breach or to Salvage Unfinished Goods.\n (1) An aggrieved seller under the preceding section may\n (a) identify to the contract conforming goods not already\n identified if at the time he learned of the breach they are\n in his possession or control;\n (b) treat as the subject of resale goods which have demonstrably\n been intended for the particular contract even though those\n goods are unfinished.\n (2) Where the goods are unfinished an aggrieved seller may in the\nexercise of reasonable commercial judgment for the purposes of avoiding\nloss and of effective realization either complete the manufacture and\nwholly identify the goods to the contract or cease manufacture and\nresell for scrap or salvage value or proceed in any other reasonable\nmanner.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.