Editing Contracts/Cover
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{{:Contracts/TOC | {{:Contracts/TOC}} | ||
'''Cover''' is a term used in the law of [[contracts]] to describe a remedy available to a buyer who has received an [[Contracts/Anticipatory repudiation|anticipatory repudiation]] of a contract for the receipt of goods. Under the [[Uniform Commercial Code]], the buyer is permitted (but not required) to find another source of the same type of goods. The buyer may then file a lawsuit against the breaching seller to recover the difference, if any, between the cost of the goods offered and the cost of the goods actually purchased. | '''Cover''' is a term used in the law of [[contracts]] to describe a remedy available to a buyer who has received an [[Contracts/Anticipatory repudiation|anticipatory repudiation]] of a contract for the receipt of goods. Under the [[Uniform Commercial Code]], the buyer is permitted (but not required) to find another source of the same type of goods. The buyer may then file a lawsuit against the breaching seller to recover the difference, if any, between the cost of the goods offered and the cost of the goods actually purchased. | ||