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Selected Works

Commercial Law

Selected Works

1997

Michael T. Gibson

Articles 1 - 1 of 1

Full-Text Articles in Law

Reliance Damages In The Law Of Sales Under Article 2 Of The Uniform Commercial Code, Michael T. Gibson Dec 1996

Reliance Damages In The Law Of Sales Under Article 2 Of The Uniform Commercial Code, Michael T. Gibson

Michael T. Gibson

The article uses the text, legislative history, and purpose of Article 2′s remedial sections to show that the drafters intended only to provide expectation damages in Sales law. It empirically studies the types of Sales cases for which Contracts scholars have recommended the use of reliance damages, and it finds that courts actually award such damages in only 14 of 467 such cases (2.9%).