An Injured Buyer Can Recover Consequential Damages When a Seller

question 29

Multiple Choice

An injured buyer can recover consequential damages when a seller breaches a contract if the:

• A) expenses incurred during storage of goods do not conform to those called for in the contract.
• B) buyer purchases goods that have a higher market price than the contract price in the breached contract.
• C) goods are not consumer products.
• D) buyer can show that the damage could not have been prevented by obtaining substitute goods.

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Definitions:

Zero Slope

A line with zero slope remains constant and horizontal, indicating no change in the dependent variable, regardless of changes in the independent variable.

Curve

In economics, it usually refers to a graphical representation of the relationship between two factors, such as supply and demand, price and quantity, etc.

Line

A straight geometrical figure that extends infinitely in both directions without thickness.

Slope

In mathematics, it is the measure of the steepness or incline of a line, defined as the ratio of the vertical change to the horizontal change between two points on the line.