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True or False 1 If buyer refuses to accept conforming goods.pdf

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The document discusses legal principles regarding the sale of goods. It states that a seller may recover damages from a buyer who refuses conforming goods, reclaim goods from an insolvent buyer, and that a buyer may cover and recover damages if the seller breaches the contract. These principles are key to understanding the rights and remedies available in sales contracts.

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True or False 1. If buyer refuses to accept conforming goods, seller may recover damages, such as lost profit. 2. If an insolvent buyer has the goods, the seller may reclaim the goods from buyer. 3. If seller breaches the contract by failing to deliver the goods, buyer may cover and recover damages.

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True or False 1 If buyer refuses to accept conforming goods.pdf

  • 1. True or False 1. If buyer refuses to accept conforming goods, seller may recover damages, such as lost profit. 2. If an insolvent buyer has the goods, the seller may reclaim the goods from buyer. 3. If seller breaches the contract by failing to deliver the goods, buyer may cover and recover damages.