(1) Subject to the provisions of ORS 72.7230 with respect to proof of market price, 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 ORS 72.7150, 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 case of rejection after arrival or revocation of acceptance, as of the place of arrival. [1961 c.726 §72.7130]
Section: Previous 72.7060 72.7070 72.7080 72.7090 72.7100 72.7110 72.7120 72.7130 72.7140 72.7150 72.7160 72.7170 72.7180 72.7190 72.7200 NextLast modified: August 7, 2008