KRS 355.2-708: Seller's damages for nonacceptance or repudiation.
Where this section sits in the code
(1) Subject to subsection (2) and to the provisions of this article with respect to proof of
market price (KRS 355.2 -723), the measure of damages for nonacceptance or
repudiation by the buyer is the difference between the market price at the time and
place for tender and the unpaid contract price together with any incidental damages
provided in this article (KRS 355.2-710), but less expenses saved in consequence of
the buyer's breach.
(2) If the measure of damages provided in subsection (1) is inadequate to put the seller
in as good a position as performance would have done then the measure of damages
is the profit (including reasonable overhead) which the seller would have made
from full performance by the buyer, together with any incidental damages provided
in this article (KRS 355.2 -710), due allowance for costs reasonably incurred and
due credit for payments or proceeds of resale.
Collected 2026-09-05T20:58:42Z. Source file · JSON