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Definition Edit

Uniform Commercial Code Edit

Under Section 2-716(3) of the Uniform Commercial Code (U.C.C.),

[t]he buyer has a right of replevin for goods identified to the contract if after reasonable effort he is unable to effect cover for such goods or the circumstances reasonably indicate that such effort will be unavailing or if the goods have been shipped under reservation and satisfaction of the security interest in them has been made or tendered.

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