On June 1,Sergei Contractually Agreed to Purchase a Widget from Marisa.The

True/False

On June 1,Sergei contractually agreed to purchase a widget from Marisa.The total price was $15 000.Sergei paid $5000 immediately and promised to pay the remainder upon delivery.Although Marisa was required to deliver on July 15,she refused to do so.The market value of the widget was $15 000 on June 1,but $22 000 on July 15.Sergei is entitled to receive $12 000 in expectation damages.