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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:

Dissented

The act of expressing disagreement or opposition to a prevailing idea or an official decision.

Majority Opinion

In judicial contexts, the official statement of the decision agreed upon by more than half of the members of a court, which becomes the ruling of the court.

Iraq

A country in the Middle East with a rich history dating back to ancient Mesopotamia, known for its oil reserves and recent conflicts.

Kuwait

A country located in the Middle East, known for its significant oil reserves and strategic location on the Persian Gulf.

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