Construct · 1 fields · 1 citations

lost volume seller: a standalone construct

One name. One construct. A landmark on the map.

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Contract law

a seller who could have made both the breached sale and a resale, so resale does not offset the profit lost through the buyer's breach.

In contract law, lost volume seller refers to a seller who could have made both the breached sale and a resale, so resale does not offset the profit lost through the buyer's breach. This meaning comes from Goetz (1979) in Stanford Law Review.[1]

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Nearby constructs

breach3 fields · 3 citationsjingle · one word, three constructs offset3 fields · 5 citationsjingle · one word, three constructs contract4 fields · 6 citationsjingle · one word, four contracts

References

Goetz, C. J., & Scott, R. E. (1979). Measuring Sellers' Damages: The Lost-Profits Puzzle. Stanford Law Review, 31(3), 323. https://doi.org/10.2307/1228366

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