Practice Quiz

Paralegal Exam Prep

Category - Contracts

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Roger agrees to sell his boat to Remmy for $1000. A few days later, Remmy changes his mind and refuses to buy Roger's boat. Roger ends up selling his boat to Ray for $800. Under the UCC, what damages can Roger recover from Remmy for Remmy's breach?
  1. Under Article 2 of the UCC, Roger can recover $200.
  2. Under Article 2 of the UCC, Roger can recover $800.
  3. Under Article 2 of the UCC, Roger can recover $100.
  4. Under Article 2 of the UCC, Roger cannot recover any damages.
  5. None of the above.
Explanation
Answer: A. Under Article 2 of the UCC, Roger can recover $200 from Remmy for Remmy's breach. Article 2 of the UCC provides that a seller can sue a breaching buyer to recover the difference between the contract price and the resale price. This remedy would make Roger "whole," meaning that it would put him the same place he would have been absent Remmy's breach.
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