When a party to a contract breaches the contract—perhaps a seller does
not deliver the ordered goods, or a buyer does not make full payment for
delivered goods—then the non-breaching party generally is entitled to
some compensation, restitution, or “remedy” for the breach. Article 2
provides sections on both seller’s remedies (Section 2-703 lists such
general remedies as withholding or stopping delivery of goods,
reclaiming goods, cancelling orders, or obtaining “specific
performance”) and buyer’s remedies (Section 2-711 lists such general
remedies as recovering the price paid for undelivered goods, deducting
damages from any amount still due, cancelling orders, or obtaining
“specific performance”). The sections on remedies in Article 2 are
rather extensive; those listed here just scratch the surface.
Jan 26th, 2015
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