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Full-Text Articles in Law
Price Discrimination With Contract Terms: The Lost Volume Problem, Barry E. Adler, Alan Schwartz
Price Discrimination With Contract Terms: The Lost Volume Problem, Barry E. Adler, Alan Schwartz
ExpressO
In a common commercial pattern, the seller of a standard product contracts with one buyer and then sells to another at the contract price after the initial buyer breaches. Sellers argue, and courts largely agree, that the seller could have served the contract buyer as well as the later buyer; hence, the seller is entitled to retain a down payment to the extent of, or sue to recover, the profit – price less cost – that it would have realized on the initial sale had that sale been completed. Some courts and many scholars disagree, arguing that resale of the …
Contracting Out Of Article 2: Minimizing The Obligation Of Performance & Liability For Breach, Sarah Howard Jenkins
Contracting Out Of Article 2: Minimizing The Obligation Of Performance & Liability For Breach, Sarah Howard Jenkins
Faculty Scholarship
No abstract provided.