If a buyer has rightfully rejected the goods, they may cancel the contract, Blank______ and Blank______.Multiple select question.accept goods without payment.recover as much of the purchase price that is paid.sue the buyer for emotional damages.recover damages.
Question
If a buyer has rightfully rejected the goods, they may cancel the contract, Blank______ and Blank______.Multiple select question.accept goods without payment.recover as much of the purchase price that is paid.sue the buyer for emotional damages.recover damages.
Solution
The correct answers are:
- Recover as much of the purchase price that is paid.
- Recover damages.
If a buyer has rightfully rejected the goods, they have the right to cancel the contract, recover as much of the purchase price that has been paid, and seek to recover damages. They cannot accept goods without payment, and they cannot sue the buyer for emotional damages.
Similar Questions
Even when a breach of contract on the sellers part occurs,Multiple select question.the buyer typically still wants the goods.the buyer will have many alternatives.the buyer may not have alternatives.the buyer will not want the goods.
Assuming a buyer repudiates the sales contract, or refuses to accept goods that conform to the contract, the seller ________.Multiple choice question.must not give buyers credit for any expenses that seller has saved during the sales.is entitled to recover for emotional damages that must be paid during the delivery.cannot recover any incidental damages while goods are being delivered to the buyer.may recover damages, that is, the difference between the contract price and the market price at the time of delivery.
If the seller resells, he may also recover Blank______ damages, but the seller must give the buyer Blank______ for any expenses that the seller saved because of the buyer’s breach of contract.Multiple choice question.consequential; discountintentional; creditincidental; creditconplementary; discount
Suppose a buyer refuses to go ahead with contract during the process of manufacturing of goods. In that case, the seller should pick a remedy that:Multiple choice question.maximizes the seller's loss.the buyer refuses.minimizes the seller's loss.the buyer manipulates.
When the buyer refuses to accept conforming goods or wrongfully repudiates the contract, under UCC 2-708 the seller can resell the goods, or determine the damages that the buyer is liable for because of the breach of contract by determining Blank______ or Blank______. (Choose two correct answers)Multiple select question.the difference between the contract price and the market price at which the goods are currently sellingthe market price at which the goods are currently sellingthe "gross sales" the buyer lost when she did not go through with the contractthe “profit” the seller lost when the buyer did not go through with the contract
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.