CNMI Bar Practice Questions - Northern Mariana Islands Bar Examination Exam

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A buyer breaches a contract for the sale of goods, and the seller resells the goods in good faith for a lower price. Under UCC Article 2, what is the seller's primary measure of damages?

Punitive damages equal to three times the loss The difference between the contract price and the resale price, plus incidental damages, less expenses saved The full contract price regardless of resale Only nominal damages because resale occurred

Correct Answer:

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

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