The fair market value of a 10-foot fishing boat is $1,000. In a special promotion, J's Marina purchases a 10-foot fishing boat for $900. The boat is badly scratched when it arrives. J's Marina, however, accepts the shipment and notifies the seller of the defect. The boat as delivered has a value of $800. If the damaged boat is a breach of warranty by the seller, the buyer may recover from the seller:

Question

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The buyer can recover the difference between the value of the boat as warranted ($1,000) and the value as delivered ($800), which is $200, plus any incidental and consequential damages resulting from the breach.

The Fair Market Value of a 10-Foot Fishing Boat Is