Remedies for Breach of Contract
© 2017 South University
Page 2 of 2
Business and Commercial Law
©2017 South University
2
Remedies for Breach of Contract
Warranties, Product Liability and Remedies
UCC Article 2 – Seller’s Remedies
Remedy Stop
Delivery
Resale
Price
Market
Price
Action for
Price
Lost Profit
UCC
Section
2-703 2-706
2-710
2-708
2-710
2-709
2-708
2-708(2)
Availability
Conditions
Insolvency
Advance
breach by
the er
er fails to
take possession
of goods
er fails to
take possession
of goods
Specially
manufactured
goods
Anticipatory
repudiation
Breach
Type of
Remedy
Stop
delivery of
any size
shipment or
recover
goods if
er is
insolvent
Contract price –
Resale price +
Incidental
damages
– Expenses
saved
+ Consequential
damages
Contract price –
Market price +
Incidental
damages
– Expenses
saved
+ Consequential
damages
Contract price
+ Incidental
damages
– Expenses
saved
+ Consequential
damages
Profits
+ Incidental
damages
– Salvage value
+ Consequential
damages
UCC Article 2 – er’s Remedies
Remedy Specific
Performance
Cover Market Price
UCC
Section
2-711 2-712
2-715
2-708
2-710
Availability
Conditions
Rare or unique
goods
Seller fails to deliver or the
goods are defective
er fails to take possession of
goods
Type of
Remedy
er get the
goods plus
incidental and
consequential
damages
Cover price
– Contract price
+ Incidental damages
+ Consequential damages
– Expenses saved
Market price
– Contract price
+ Incidental damages
+ Consequential damages
– Expenses saved
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