Miss. Code Ann. § 75-2-713

Buyer’s damages for nondelivery or repudiation

Known as the Uniform Commercial Code

The act spans §§ 75–75 (480 sections).

Applied in 1 court decision — leading case 519 So. 2d 1214 - Gooch v. Farmers Marketing Ass'n (1988)

Most recently applied in 519 So. 2d 1214 - Gooch v. Farmers Marketing Ass'n (February 1988)

Codes, 1942, § 41A:2-713; Laws, 1966, ch. 316, § 2-713, eff March 31, 1968.

(1) Subject to the provisions of this chapter with respect to proof of market price (Section 2-723) [Section 75-2-723], the measure of damages for nondelivery 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 chapter (Section 2-715) [Section 75-2-715], 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.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.