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Describe remedies for breach of a sales contract Describe how the Uniform Commercial Code (UCC) governs sales contracts Assignment Overview This practice exercise provides an

  • Describe remedies for breach of a sales contract
  • Describe how the Uniform Commercial Code (UCC) governs sales contracts

Assignment Overview

This practice exercise provides an opportunity to document the types of remedies for a breach of a sales contract.

Deliverables

A one-page table

Step 1

table.

three-column table documenting the various remedies available in a breach of contract situation. In the first column, list the names of the remedies available to sellers and lessons as well as to buyers and lessees. In the second column, describe each remedy.

Step 2

Provide examples of each remedy.

Continuing in the same document you used to complete Step 1, in the third column of the table, provide an example of a situation that relates to each remedy.

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