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Seller Remedies

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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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 ...

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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