Legrand Distribution Corp Sells Watches to Wholesalers in Ontario Who

Essay

Legrand Distribution Corp sells watches to wholesalers in Ontario who resell them to retail outlets.Legrand also sells to some retail outlets directly.One of Legrand's wholesale customers is Reuben.Legrand has entered into a contract with Reuben under which Reuben gave Legrand a security interest in all watches supplied by Legrand until they are paid for.Reuben defaulted on his payment obligations and Legrand,acting under the security agreement,seized all the watches supplied by Legrand that are in Reuben's store.The total amount owed by Reuben to Legrand is $2500.Legrand could probably sell the watches for $3000.Instead of selling them right away,Legrand decided to keep the watches.Legrand sent Reuben a note saying that it is taking the watches in full satisfaction of Reuben's debt to Legrand.Reuben is unhappy because he knows the watches are worth more than he owed Legrand.Is there anything that Reuben can do about this? Should he try to do anything about it?