The Usual Measure of Damages for a Breach of Sales

question 66

Multiple Choice

The usual measure of damages for a breach of sales contracts is the difference between the contract price and the ________.

• A) current market price of the goods
• B) market price at the time of contract
• C) market price at the time of breach
• D) current cost price of the goods

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Definitions:

Aristotle's Contribution

The extensive philosophical, scientific, and educational contributions made by the ancient Greek philosopher Aristotle.

Behavior

The actions or reactions of an individual, usually in relation to the environment, which can be observed externally.

Experimental Method

A research method that tests hypotheses and establishes cause-and-effect relationships by manipulating and controlling conditions.

Control Groups

In experiments, groups whose members do not obtain the treatment, while other conditions are held constant.