Multiple Choice
Which of the following is true of damages incurred by the seller when a buyer repudiates a contract?
A) The buyer is not liable for the difference between the contract price and the market price at which the goods are currently selling.
B) The only way the seller can recover damages is by reselling the goods.
C) The seller can only recover incidental damages and not the lost revenue.
D) The seller can recover lost profit and overheads along with incidental expenses.
Correct Answer:
Verified
Correct Answer:
Verified
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