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Kentucky · Snapshot 09/05/2026

KRS 355.2-708: Seller's damages for nonacceptance or repudiation.

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    (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

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