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Seller Remedies

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Seller and buyer enter into a contract for buyer to purchase 1,000 pot holders for $1,000. Assume for purposes of this question the contract is in writing and otherwise meets all requirements of the Statute of Frauds. Buyer breaches the contract and seller resells to a local company for $900. Discuss the remedies that are available to the seller.

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Solution Summary

This solution discusses what remedies are available to the seller due to the breach of contract of the buyer. A course of action is recommended and explained.

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http://legal-dictionary.thefreedictionary.com/Specific+performance

Seller and buyer enter into a contract for buyer to purchase 1,000 pot holders for $1,000. Assume for purposes of this question the contract is in writing and otherwise meets all requirements of the Statute of ...

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