Asked by Human Resource Department Ruza Electric Co. Ltd. on Sep 30, 2024
Which of the following statements about a buyer's damages for defective goods is false?
A) The buyer must give the seller notice of the defect within a reasonable amount of time after the buyer discovers the defect.
B) The buyer can recover the difference between the value of the goods received and the value of the goods in the industry.
C) The buyer can only recover damages if he gave proper notice.
D) The buyer may recover incidental and consequential damages.
Buyer's Damages
Legal compensation sought by a purchaser when a seller fails to fulfill the terms of a contract, such as defects in goods or delays in delivery.
Defective Goods
Products that fail to meet quality or performance standards, often leading to consumer dissatisfaction or safety concerns.
Industry Value
The total market worth of a specific sector or industry, often calculated by combining the value of all involved companies and sales.
- Fathom the privileges of buyers concerning malfunctioning goods and the essentiality of quick actions.
Learning Objectives
- Fathom the privileges of buyers concerning malfunctioning goods and the essentiality of quick actions.