§490:2-713 Buyer's damages for nondelivery or repudiation. (1) Subject to the provisions of this article with respect to proof of market price (section 490:2-723), the measure of damages for nondelivery or repudiation by the seller is the difference between the market price at the time when the buyer learned of the breach and the contract price together with any incidental and consequential damages provided in this article (section 490:2-715), but less expenses saved in consequence of the seller's breach.
(2) Market price is to be determined as of the place for tender or, in cases of rejection after arrival or revocation of acceptance, as of the place of arrival. [L 1965, c 208, §2-713; HRS §490:2-713]
Section: Previous 490-2-706 490-2-707 490-2-708 490-2-709 490-2-710 490-2-711 490-2-712 490-2-713 490-2-714 490-2-715 490-2-716 490-2-717 490-2-718 490-2-719 490-2-720 NextLast modified: October 27, 2016