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In contracts of sale and purchase of goods, the measure of damages will be

The ordinary market measure is the difference between the contract price and the market price at the relevant time of breach. For example, a buyer denied delivery can…

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In contracts of sale and purchase of goods, the measure of damages will be

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The ordinary market measure is the difference between the contract price and the market price at the relevant time of breach. For example, a buyer denied delivery can recover the excess cost of obtaining equivalent goods in the market. This compensates the loss caused by non-performance, subject to mitigation and proof, rather than treating any speculative price as the measure.

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