COVER

cover

cover v. 给…保险;投保(→binder; cover note) n.购买替代物权  在卖方违约后,买方有权购买替代物,即善意、及时地从公开市场上购买本应由卖方提供的货物作为替代。依照美国《统一商法典》〔U.C.C.〕第2-712条的规定,此时买方有权从卖方处获得损害赔偿,其数额为购买替代物的开支与原定合同价格的差额,并加上附加损失或间接损失,但应减去因卖方违约而使买方节省的支出。

cover Read More »

cover

cover, n. The purchase on the open market, by the buyer in a breach-of-contract dispute, of goods to substitute for those promised but never delivered by the seller. • Under UCC § 2-712, the buyer can recover from the seller the difference between the cost of the substituted goods and the original contract price. [Cases:

cover Read More »

Scroll to Top