Identify seven possible remedies for a buyer when the seller breaches a contract


If a seller breaches a contract, the buyer is entitled to cancel the contract. If the buyer has not received the goods, she may recover any money already paid to the seller. Also, the buyer may be able to: cover by reasonably obtaining substitute goods, obtain damages for non-delivery, obtain incidental and consequential damages, recover the goods themselves by an order for specific performance, or recover liquidated damages.

Business

You might also like to view...

The IAS designation for the preferred accounting treatment is referred to as:

a. benchmarking. b. conformity. c. reconciliation. d. convergence.

Business

Which of the following sales promotion tactics is best suited for achieving the marketing

objective of increased consumption of a product? A) offering rebates and discounts B) providing supersize discounts C) giving coupons targeted to users of a competing brand D) giving away free samples of the product

Business

______________ refers to an arrangement where the victim will provide a sexual favor in return for a bonus.

a. Sexual harassment b. Quid pro quo c. Hostile work environment d. Organizational climate

Business

How a product or service will be conceived or designed, how much it should cost, where and how it will be promoted, and how it will get to the consumer are all elements of

A. production management. B. a marketing exchange. C. supply chain logistics. D. delivery of the value proposition. E. a marketing plan.

Business