Seller's Remedies
Learn about the seller’s default and principal remedy afforded by Article 2.
Transcript
In the event of a breach, Article 2 affords the nonbreaching party various remedies. The primary purpose of these remedies is to put the nonbreaching party in the same position as they would’ve been in had the parties performed under the contract.
We’ll start our discussion of remedies by considering those available to a nonbreaching seller.
I. Seller’s Remedies
Under Article 2, if the buyer breaches the parties’ contract through wrongful rejection, wrongful revocation, nonpayment, or...