KRS 355.2-713: Buyer's damages for nondelivery or repudiation.
Where this section sits in the code
(1) Subject to the provisions of this article with respect to proof of market price (KRS
355.2-723), 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 (KRS 355.2 -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 c ases of rejection
after arrival or revocation of acceptance, as of the place of arrival.
Collected 2026-09-05T20:58:42Z. Source file · JSON