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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 12A, § 12A-2-708: Seller's Damages for Nonacceptance or Repudiation

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Where this section sits in the code
  1. OK Code
  2. Title 12A

(1) Subject to subsection (2) and to the provisions of this

article with respect to proof of market price (Section 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 (Section 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 (Section 2-710), due allowance for costs

reasonably incurred and due credit for payments or proceeds of

resale.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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