When the buyer refuses to accept conforming goods or wrongfully repudiates the contract, under UCC 2-708 the seller can resell the goods, or determine the damages that the buyer is liable for because of the breach of contract by determining Blank______ or Blank______. (Choose two correct answers)Multiple select question.the difference between the contract price and the market price at which the goods are currently sellingthe market price at which the goods are currently sellingthe "gross sales" the buyer lost when she did not go through with the contractthe “profit” the seller lost when the buyer did not go through with the contract

Identify the factors through which a seller can determine the damages that a buyer is liable for because of the breach of contract. (Choose two correct answers.)Multiple select question.The profit from all the plausible buyers that was lost because of dealing with the current buyerThe difference between the contract price and the market price at which the goods are currently sellingThe profit that the seller lost when the buyer did not go through with the contractThe emotional damages that the seller suffered due to buyer's refusal to accept goods

Even when a breach of contract on the sellers part occurs,Multiple select question.the buyer typically still wants the goods.the buyer will have many alternatives.the buyer may not have alternatives.the buyer will not want the goods.

If the difference between the contract price and the market price would not put the seller in as good a financial position as the seller would have been in if the contract had been performed, the seller can ________. (Choose three correct answers.)Multiple select question.recover lost profitrecover emotional damagesrecover overheadget compensated for incidental damagesdecline credit to buyer for expenses saved

If a buyer has rightfully rejected the goods, they may cancel the contract, Blank______ and Blank______.Multiple select question.sue the buyer for emotional damages.recover damages.recover as much of the purchase price that is paid.accept goods without payment.

If a seller sues a buyer for the contract price of ordered goods, the seller _____.Multiple choice question.cannot resell the goods to anyone else other than the buyermust discredit the buyer for the proceeds of the salecannot hold the goods for the buyermust turn the goods over to the buyer if the buyer pays for them