Florida Statute 672.703 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 672
UNIFORM COMMERCIAL CODE: SALES

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672.703 Seller’s remedies in general.—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 (s. 672.612), then also with respect to the whole undelivered balance, the aggrieved seller may:

(1) Withhold delivery of such goods;

(2) Stop delivery by any bailee as hereafter provided (s. 672.705);

(3) Proceed under the next section respecting goods still unidentified to the contract;

(4) Resell and recover damages as hereafter provided (s. 672.706);

(5) Recover damages for nonacceptance (s. 672.708) or in a proper case the price (s. 672.709);

(6) Cancel.

History.—s. 1, ch. 65-254.

Note.—s. 2-703, U.C.C.

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Amendments to 672.703

Annotations, Discussions, Cases:

Cases Citing Statute 672.703

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Lockheed Martin Corp. v. Galaxis USA, Ltd., 222 F. Supp. 2d 1315 (M.D. Fla. 2002).

Cited 7 times | Published | District Court, M.D. Florida | 2002 U.S. Dist. LEXIS 17836, 2002 WL 31103982

...e contract." Fla. Stat. § 672.301 (2001). A buyer's failure to pay for goods "accepted" constitutes a breach of a sales contract. See Fla. Stat. § 672.607(1) ("The buyer must pay at the contract price for any goods accepted."); see also Fla. Stat. § 672.703 (providing for seller's remedies upon a buyer's failure to make payment due on or before delivery)....

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Hardick v. Hill, 403 So. 2d 1125 (Fla. 5th DCA 1981).

Cited 2 times | Published | Florida 5th District Court of Appeal | 32 U.C.C. Rep. Serv. (West) 547

...Seawright, 134 So.2d 829 (Fla. 1st DCA 1961); Ranchers and Farmers Livestock Auction Co. v. Honey, 38 Colo. App. 69, 552 P.2d 313 (1976). [3] § 679.113, Fla. Stat. (1979); American National Bank of Jacksonville v. Riser, 212 So.2d 343 (Fla. 1st DCA 1968). [4] § 672.703(6), Fla....

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