Iowa Code 554.2715 – Buyer’s incidental and consequential damages
Current as of: 2024 | Check for updates
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Terms Used In Iowa Code 554.2715
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
- property: includes personal and real property. See Iowa Code 4.1
554.2715 Buyer’s incidental and consequential damages.
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.
[C24, 27, 31, 35, 39, §9998, 9999; C46, 50, 54, 58, 62, §554.70, 554.71; C66, 71, 73, 75, 77,
79, 81, §554.2715]
Referred to in §554.2712, 554.2713, 554.2714
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.
[C24, 27, 31, 35, 39, §9998, 9999; C46, 50, 54, 58, 62, §554.70, 554.71; C66, 71, 73, 75, 77,
79, 81, §554.2715]
Referred to in §554.2712, 554.2713, 554.2714