Which of the Following Is True for Damages Incurred by the Seller

question 12

Multiple Choice

Which of the following is true for damages incurred by the seller when a buyer repudiates a contract?

• A)The buyer is not liable for the difference between the contract price and the market price at which the goods are currently selling.
• B)The only way the seller can recover damages is by reselling the goods.
• C)The seller cannot recover any incidental damages.
• D)The seller can recover lost profit and overheads along with incidental expenses.

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Definitions:

Attachment

A deep and enduring emotional bond that connects one person to another across time and space.

Displacement Behavior

A psychological phenomenon where an individual redirects their impulse from an unattainable or threatening target to a safer or more acceptable one.

Equally Strong Motives

The psychological concept referring to instances where an individual is simultaneously driven by two or more motives that are of similar strength but potentially conflict with each other.

Inhibiting

The action or process of hindering or restraining the function or activity of something.