The seller may recover the full contract price when:

Question

Quizplus · Accepted Answer

Each of the situations described in options A, B, and C allows the seller to recover the full contract price under the Uniform Commercial Code (UCC). In A, if there's no ready market for resale, the seller can't mitigate damages by selling the goods elsewhere, justifying full price recovery. In B, acceptance of goods by the buyer obligates them to pay the contract price. In C, if conforming goods are lost or damaged after the risk has passed to the buyer, the buyer is still responsible for the price, as the risk of loss has shifted from the seller to the buyer.

The Seller May Recover the Full Contract Price When