Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 2-713 — Buyer's Damages for Non-Delivery or Repudiation

N.Y. U.C.C. Law § 2-713

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

Section 2--713. Buyer's Damages for Non-Delivery or Repudiation.

Citator

N.Y. U.C.C. Law § 2-713 — Buyer's Damages for Non-Delivery or Repudiation is in force in the current edition of the Code, and nothing recorded condemns it.

Section 2--713. Buyer's Damages for Non-Delivery or Repudiation.

(1) Subject to the provisions of this Article with respect to proof of market price (Section 2--723), the measure of damages for non-delivery or repudiation by the seller is the difference between the market price at the time when the buyer learned of the breach and the contract price together with any incidental and consequential damages provided in this Article (Section 2--715), but less expenses saved in consequence of the seller's breach.

(2) Market price is to be determined as of the place for tender or, in cases of rejection after arrival or revocation of acceptance, as of the place of arrival.