Asked by Tahir Nadeem on Sep 30, 2024
If the seller is in the process of manufacturing the goods when the buyer breaches the contract,one of the seller's options is to complete the manufacture of the goods and then resell them so long as this minimizes the loss to the seller.
Manufacturing Process
The series of actions or steps taken to produce a finished product from raw materials.
Minimizes Loss
A strategy or approach aimed at reducing the impact or severity of potential financial losses in various contexts.
- Understand the seller's options and obligations in case of a breach by the buyer, including completion of goods and resale.
Learning Objectives
- Understand the seller's options and obligations in case of a breach by the buyer, including completion of goods and resale.