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business law S. Which of the folowing remedies are available to both buyers and sellers? a. Cover b. Cure c. Specific performance d. Adequate assurances
business law
S. Which of the folowing remedies are available to both buyers and sellers? a. Cover b. Cure c. Specific performance d. Adequate assurances When Ben Buyer wrongfully repudiated his contract with Sam Seller, Sam had to pay a cancellation fee to the shipper and incurred costs to store and to restock the goods. Sam can recover these costs from the buyer as 6. damages a. Consequential b. Incidental c. Punitive d. Liquidatecd True or False A seller has a duty to mitigate damages when he has to decide whether to scrap or complete unfinished goods ordered by a buyer who breaches the contract. The remedy of adequate assurances is available to both buyers and sellers. A merchant whose tender is rejected may demand from the buyer a written statement of the defects 1. 2. 3. 4. A seller may resell the goods of a buyer who breached the contract only in a public auctionStep by Step Solution
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