§2-713. Buyer's damages for non-delivery or repudiation

Link to law: http://legislature.vermont.gov/statutes/section/09A/002/00713
Published: 2015

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The Vermont Statutes Online



Uniform Commercial Code






2-713. Buyer's damages for non-delivery or repudiation

(1) Subject to

the provisions of this article with respect to proof of market price (§ 2-723),

the measure of damages for non-delivery or repudiation by the seller is the

difference between the market price at the time when the buyer learned of the

breach and the contract price together with any incidental and consequential

damages provided in this article (§ 2-715), but less expenses saved in

consequence of the seller's breach.

(2) Market price

is to be determined as of the place for tender or, in cases of rejection after

arrival or revocation of acceptance, as of the place of arrival.