(a) Subject to the provisions with respect to proof of market price (AS 45.02.723 ), 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 AS 45.02.715, but less expenses saved in consequence of the seller's breach.
(b) 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.
Section: Previous 45.02.706 45.02.707 45.02.708 45.02.709 45.02.710 45.02.711 45.02.712 45.02.713 45.02.714 45.02.715 45.02.716 45.02.717 45.02.718 45.02.719 45.02.720 NextLast modified: November 15, 2016