When the Buyer Breaches a Sales Contract, If the Difference

question 15

True/False

When the buyer breaches a sales contract, if the difference between the contract price and the market price will not place the seller in as good a position as performance would have, then the seller may recover the lost profit.

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Definitions:

African-Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa, historically subjected to slavery and discrimination but with a rich cultural heritage and significant contributions to American society.

Asian-Americans

Americans of Asian descent, a diverse group including individuals with origins in East Asia, Southeast Asia, or South Asia.

Dawes Severalty Act

A 1887 law aimed at assimilating Native Americans into American society by dividing tribal land into individual plots for ownership.

Reservation Policy

A policy pertaining to the designation of specific lands for indigenous peoples, often characterized by forced relocations and aimed at assimilating indigenous populations into mainstream society.