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California Commercial Code

§ 2713

COM § 2713Div. 2 · Ch. 7

Statute text

View on leginfo.ca.gov
(1)Subject to the provisions of this division with respect to proof of market price (Section 2723), 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 division (Section 2715), 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.

Legislative history

Enacted by Stats. 1963, Ch. 819.

Source: California Commercial Code § 2713 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.