Ghangzhou, Ltd., in China and Hot Togs, Inc., in the United States enter into a contract for a sale of casual clothing. Under the United Nations Convention on Contracts for the International Sale of Goods (CISG), on a breach of the contract, the nonbreaching party can normally recover as damages the difference between

Question

Quizplus · Accepted Answer

Under the United Nations Convention on Contracts for the International Sale of Goods (CISG), the normal measure of damages for breach of contract is the difference between the contract price and the market price at the time and place where the goods should have been delivered. This is known as the "price difference" or "loss of bargain" remedy.