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§ 554.2713 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 554.2713

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554.2713 Buyer’s damages for nondelivery or repudiation. 1. Subject to the provisions of this Article with respect to proof of market price (section 554.2723), the measure of damages for nondelivery or repudiation by the seller is thedifference between the market price at the time when the buyer learned of the breach andthe contract price together with any incidental and consequential damages provided in thisArticle (section 554.2715), 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. [C24, 27, 31, 35, 39, §9996; C46, 50, 54, 58, 62, §554.68; C66, 71, 73, 75, 77, 79, 81, §554.2713]Referred to in §554.2711, 554.2723 Sat Dec 23 01:52:24 2023 Iowa Code 2024, Section 554.2713 (24, 0)