Asked by hennebry waters on Jul 29, 2024
Verified
Which of the following is not a remedy available to an unpaid seller against the buyer?
A) Recovery of the price.
B) Cover and sue for damages.
C) Recovery of incidental damages.
D) Cancellation of the contract.
Incidental Damages
Additional minor costs that a party incurs when the other party fails to fulfill a contract.
Unpaid Seller
A seller who has not received payment for goods supplied.
Cover
A legal remedy in contract law where the aggrieved party purchases goods or services, similar to those agreed upon, from a different source due to the original party's failure to comply.
- Peruse the diverse corrective actions accessible to parties post contractual breach, involving the recuperation of goods, seeking damages, cover arrangement, and replevin execution.
Verified Answer
GM
Gabriela MonserratAug 05, 2024
Final Answer :
B
Explanation :
"B) Cover and sue for damages" is not a remedy typically available to an unpaid seller against the buyer. "Cover" is a term more commonly associated with the buyer's remedies, where the buyer may purchase substitute goods and then sue the original seller for any loss incurred. The remedies available to an unpaid seller usually include recovery of the price, recovery of incidental damages, and cancellation of the contract.
Learning Objectives
- Peruse the diverse corrective actions accessible to parties post contractual breach, involving the recuperation of goods, seeking damages, cover arrangement, and replevin execution.