Asked by Warnette Brinson on Sep 30, 2024

S agrees to sell B 10,000 widgets at a price of $1 per widget.After B breaches the contract,S resells the widgets for $1.10 per widget in a public sale.S also saved $200 in shipping costs.What amount does S owe B?

A) $1,200
B) $1,300
C) $1,000
D) Nothing

Public Sale

An auction or sale where goods or assets are sold to the highest bidder in a public setting.

Shipping Costs

Expenses associated with the transport of goods from one location to another.

  • Acquire knowledge on the seller's choices and duties if the buyer defaults, encompassing the completion of products and their subsequent sale.
  • Comprehend the extent and restrictions of incidental and consequential damages as outlined in the Uniform Commercial Code.