Question

Al agrees to sell goods to Betty for a contract price of $3,000 due on delivery. Betty wrongfully rejects the goods and refuses to pay anything. Al resells the goods in strict compliance with the Code for $2,000. He incurs incidental damages for sales commissions of $200 but saves $150 in expenses because of the resale. Al is entitled to recover $1,050 from Betty.True/False

Answer 1

Answer:

True

Explanation:

Contract price    $3,000

Revenue recovered on resale ($2,000)

Sales Commission expense                    $200

Expenses saved on resale                       ($150)

Amount recoverable from Betty as per contract $1,050

Therefore it is true that $1,050 will be recovered from Betty