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A agrees to sell rice to B for delivery in two months; on the due date the market price has risen. A refuses to deliver. B's ordinary damages are measured by:
AThe profit B expected to make on resale
BThe full contract price
CThe difference between the contract price and the market price on the date of breach
DA nominal sum only
Answer & Solution
Correct answer: C. The difference between the contract price and the market price on the date of breach
Ordinary damages for non-delivery are the difference between the contract price and the market price prevailing on the date of breach.
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