30-11-713. Remedy as supplemental. (1) The provisions of this part are supplemental to any agreement between:

(a) the retailer and wholesaler, manufacturer, or distributor governing the inventory; or

(b) the wholesaler and manufacturer or distributor governing the inventory.

(2) The retailer or wholesaler may elect to pursue either contract remedies or the remedy provided in 30-11-702. An election to pursue contract remedies does not bar the retailer's or wholesaler's right to the remedy provided in 30-11-702 with regard to any inventory not covered by contract.