Upload
blade1111
View
218
Download
0
Embed Size (px)
Citation preview
7/28/2019 Seller Remedies- Flow Chart
1/1
Seller Remedies-UCC
2-703- Sellers Remedies in General
In the event that the buyer has wrongfully rejected goods/revoked acceptance
of goods/fails to make a payment, the seller may
Withhold delivery Resell and recover damages (2-706) Recover damages for non acceptance or the K price Obtain Spec.Perform Recover liquidated damages Reclaim the goods
2-706- Sellers Resale Seller may resell the
goods in good faith and in
a commercially
reasonable manner Damages- Seller may
recover
o The difference b/wthe resale price
and the K price
+incidental
damages
2-708- Sellers Damages for Non
acceptance of Goods
Difference b/w the marketprice at the time fortender + the K price
(subject to 2-723) + Incidental Damages (2-
710) - Expenses saved Seller may also
2-708- Lost Prof
If 2-706 an2-708(1) d
not make t
seller who Buyer may
recover los
profits +incidental
damages Lost Volum
included
2-710- Incidental Damages Includes any commercially reasonable charges related
to the buyers breach Includes
o Stoppage of Delivery(2-705)o Care and custody of the goods after the breacho The return or resale of goodso Actions otherwise resulting from the goods