Vermont § 709 - § 2—709.

Full text of Vermont Vermont Statutes Online § 709 — § 2—709., with citation guidance and answers to common questions.

§ 709. § 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 the next section, 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 or she must hold for the buyer any goods which
    have been identified to the contract and are still in his or her control except that
    if resale becomes possible he or she 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 or her 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 (§ 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.

Frequently Asked Questions About Vermont § 709

What does Vermont Statutes Online § 709 cover?

Section 709 ("§ 2—709.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 709?

A common citation format is "Vermont Statutes Online § 709" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 709 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.