Asked by Jackson Brown on Jun 05, 2024
Verified
Damages a buyer may recover for loss resulting from requirements, the needs of which the seller had reason to know at the time of contracting and which could not reasonably be prevented by cover, are:
A) incidental.
B) consequential.
C) punitive.
D) liquidated.
Consequential
Referring to outcomes or results that follow as a direct or indirect effect of an action, often used in the context of damages in legal settings.
Requirements
Mandates or criteria set forth for achieving or maintaining a specific standard or fulfilling a specific condition.
Cover
In commercial transactions, the act of purchasing substitute goods when a seller fails to fulfill a contract.
- Investigate the multiple pathways for redress available to parties affected by a breach, including the re-acquisition of goods, claiming of damages, cover options, and the replevin procedure.
Verified Answer
TP
tiara pingakJun 06, 2024
Final Answer :
B
Explanation :
The loss resulting from requirements that the seller had reason to know at the time of contracting and which could not reasonably be prevented by cover are consequential damages.
Learning Objectives
- Investigate the multiple pathways for redress available to parties affected by a breach, including the re-acquisition of goods, claiming of damages, cover options, and the replevin procedure.