Which of the Following Statements Is NOT TRUE Regarding the Buyer's

question 30

Multiple Choice

Which of the following statements is NOT TRUE regarding the buyer's right to cover?

• A)The buyer must cover.
• B)The measure of damages in a cover is the difference between the cover price and the contract price.
• C)Cover must be done by reasonably obtaining substitute goods.
• D)Consequential damages can be recovered in addition to the cover damages.

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Definitions:

Associative

Related to or involving the combination or co-occurrence of elements or items within a group or category.

Judgmental

Relating to or involving the use of personal judgment or opinion to make decisions or form conclusions.

Technological Forecasts

Long-term forecasts concerned with the rates of technological progress.

Business Cycle

The natural rise and fall of economic growth that occurs over time, including periods of prosperity, recession, depression, and recovery.