general damages in sales

general damages in sales
For breach by seller: -the difference between what the buyer agreed to pay, and the sum for which he could have supplied himself with goods of the same character at the place of delivery, or if not obtainable there, then at the nearest available market, plus any additional freight resulting from the breach. Lawrence v Porter (CA6 Mich) 63 F 62. For breach by buyer: -the difference between the contract price and the market or current price at the time or times when the goods ought to have been accepted, or, if no time was fixed for acceptance, then at the time of the refusal to accept. 46 Am J1st Sales § 616.

Ballentine's law dictionary. . 1998.

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