Kentucky Statutes 355.2-715 – Buyer’s incidental and consequential damages
Current as of: 2024 | Check for updates
|
Other versions
(1) Incidental damages resulting from the seller‘s breach include expenses reasonably incurred in inspection, receipt, transportation and care and custody of goods rightfully rejected, any commercially reasonable charges, expenses or commissions in connection with effecting cover and any other reasonable expense incident to the delay or other breach.
(2) Consequential damages resulting from the seller’s breach include
(a) any loss resulting from general or particular requirements and needs of which the seller at the time of contracting had reason to know and which could not reasonably be prevented by cover or otherwise; and
(b) injury to person or property proximately resulting from any breach of warranty.
Effective: July 1, 1960
History: Created 1958 Ky. Acts ch. 77, sec. 2-715, effective July 1, 1960.
(2) Consequential damages resulting from the seller’s breach include
Terms Used In Kentucky Statutes 355.2-715
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Seller: means a person who sells or contracts to sell goods. See Kentucky Statutes 355.2-103
(a) any loss resulting from general or particular requirements and needs of which the seller at the time of contracting had reason to know and which could not reasonably be prevented by cover or otherwise; and
(b) injury to person or property proximately resulting from any breach of warranty.
Effective: July 1, 1960
History: Created 1958 Ky. Acts ch. 77, sec. 2-715, effective July 1, 1960.