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Law · Q373

Sale Of Goods Act

Graduate and Post Graduate · Law · question 373

Q373

The measure of damages for the purposes of section 56 of the Sale of Goods Act, 1930 is

A.
The difference between the contract price and the lowest price on the date of breach of the contract
B.
The difference between the contract price and the market price on the date of breach of the contract
Answer
C.
The difference between the contract price and the closing price of the immediately previous date of the breach of the contract
D.
The difference between the contract price and the highest price on the immediately previous date of the breach of the contract

Answer: Option B

Solution

Answer: Option B
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