Under the UCC, How Are Compensatory Damages Calculated When a Seller

question 78

Multiple Choice

Under the UCC, how are compensatory damages calculated when a seller breaches a contract for the sale of goods?

• A) By a liquidated damage clause, which the Uniform Commercial Code requires buyers and sellers to include in all contracts for the sale of goods.
• B) By calculating the degree of inconvenience the buyer incurred as a result of the seller's breach of contract.
• C) By the price the seller had agreed to sell the goods for, multiplied by 1.5 to account for the buyer's inconvenience.
• D) By finding the difference between what the buyer would have paid for goods under the contract and the amount the buyer will have to pay to obtain the goods from another seller.
• E) By calculating the value of the buyer's actual losses and adding punitive damages.

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