The difference between the contract price and the price a buyer must pay for replacement goods when a seller is in breach is called cover.

Question

Quizplus · Accepted Answer

This statement is true. "Cover" refers to the cost of obtaining replacement goods after a seller has breached a contract by not delivering the agreed-upon goods. It is the difference between the contract price and the price the buyer actually pays for the replacement goods.

The Difference Between the Contract Price and the Price a Buyer