Asked by Wajih Hashmi on May 11, 2024
Verified
Explain the concept of a buyer's right to cover.
Buyer's Right to Cover
The right of a purchaser to buy goods from another source if the original seller fails to fulfill the contract.
- Acquire knowledge about the rights of purchasers when dealing with defective merchandise and the cruciality of immediate actions.
Verified Answer
DM
Delyisa McallisterMay 17, 2024
Final Answer :
If the seller fails or refuses to deliver the goods called for in the contract,the buyer can purchase substitute goods;this is known as cover.If the buyer does purchase substitute goods,the buyer can recover as damages from the seller the difference between the contract price and the cost of the substitute goods.
Learning Objectives
- Acquire knowledge about the rights of purchasers when dealing with defective merchandise and the cruciality of immediate actions.