If a merchant buyer or lessee rightfully rejects nonconforming goods, he or she may resell the goods and retain the proceeds, without liability to the seller.

Question

Quizplus · Accepted Answer

If a merchant buyer or lessee rightfully rejects nonconforming goods, they may resell the goods, but they must account to the seller for any excess proceeds over the amount of their security interest.

If a Merchant Buyer or Lessee Rightfully Rejects Nonconforming Goods