The Basic Awards Under UCC §2-712, §2-713, §2-714 - Recall that the basic awards to the buyer in UCC §2-712, §2-713, §2-714 are as follows:

§2-712:Cover price (CP) minus contract price (KP) – This applies when the buyer rejects a non-conforming delivery and covers.

.................................................................................................................
This content is drawn from our Contracts Remedies Tutorial 20: Buyer’s Damages, which contains numerous interactive and visual hypotheticals on the topic. If you are interested in this content, you may want to try our free Contracts Advisor Course. You will need to register for our free account. It's fast, easy and, of course, free.
.................................................................................................................

§2-713:Market price (MP) minus contract price (KP) – This applies when the buyer rejects a non-conforming delivery and fails to cover.

§2-714:Value as warranted (AW) minus value as delivered (AD) – This applies when the buyer accepts a non-conforming delivery and gives seasonable notice.

These sections also award incidental and consequential damages.

Subtracting Expenses Saved as a Result of the Breach - §2-712 and §2-714 also subtract expenses saved as a result of the breach.

Here are the full formulas:

§2-712: (CP – KP) + (ID + CD) - ES

§2-713: (MP – KP) + (ID + CD) - ES

§2-714: (AW – AD) + (ID + CD) - ES

The Law School Experience - These and related topics are covered in our tutorials on Contract Remedies.

To explore some of our free materials, go to The Law School Experience.