A Seller Who Sells Goods to Another Buyer After the Original

question 4

Multiple Choice

A seller who sells goods to another buyer after the original buyer breaches the contract, may receive which of the following damages?

• A) The difference between the resale price and the contract price, plus incidental damages and minus expenses saved.
• B) The difference between the resale price and the contract price only.
• C) The difference between the resale price and the contract price minus expenses without any allowance for incidental damages.
• D) The difference between the resale price and the contract price, plus incidental damages, with no deduction for expenses saved.
• E) Damages are not available because a seller has no rights to resell goods when the original buyer is in breach. The remedy is a suit for damages.

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Definitions:

Rational Behavior

Decision-making processes that are logical and based on weighing the benefits and costs of various options.

Goal-Oriented Behavior

A pattern of behavior driven by the pursuit of specific objectives or desired outcomes, often characterized by focused effort and planning.

Rawls

Pertains to John Rawls, an American political philosopher known for his work in moral and political philosophy, especially in the theory of justice as fairness.

Rawls's Model

is a theoretical framework for justice suggested by philosopher John Rawls, emphasizing fairness and equality through the principles of liberty and difference.