The (higher) price paid by a buyer for substitute goods in the event of a breach by a seller is called:

Question

Quizplus · Accepted Answer

The term "cover" refers to the cost or price that a buyer has to pay for substitute goods in the event that a seller breaches their contract. It is also known as "cover cost" or "cover price". Therefore, option D is the correct answer. Options A, B, and C are also types of damages that can be claimed by the buyer in case of breach of contract, but they do not specifically refer to the cost of substitute goods.

The (Higher) Price Paid by a Buyer for Substitute Goods