When can a lawsuit for the contract price be instituted against a buyer?

1. When can a lawsuit for the contract price be instituted against a buyer?

2. Under what circumstances can a seller reclaim goods in the sales contract?

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3. What is the most common remedy for a buyer and why?

 

1. What two U.C.C. sections give guidance as to the remedies available for seller and buyer?

2. List three remedies available to the seller when a buyer breaches a contract.

3. How does the Code distinguish between a private and a public sale of goods when the buyer has breached?

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