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UCC 2-713. Buyer's Damages for Non-delivery or Repudiation.

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mirmod2002's version from 2012-05-07 21:03

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Question Answer
1The measure of damages is the difference between the market price at the time when the buyer learned of the breach and the contract price together with any incidental and consequential damages provided in this Article (Section 2-715), but less expenses saved in consequence of the seller's breach.
2Market price is to be determined as of the place for tender or, in cases of rejection after arrival or revocation of acceptance, as of the place of arrival.
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