IL Bar Practice Questions - Illinois Bar Examination Exam

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A buyer breaches a contract to purchase goods and the seller resells them in good faith for a lower price. What is the seller's primary measure of damages?

The difference between the contract price and the resale price, plus incidental damages, less expenses saved Punitive damages The full contract price regardless of resale Only nominal damages

Correct Answer:

The difference between the contract price and the resale price, plus incidental damages, less expenses saved

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