Final answer:
Without a liquidated damages provision in the purchase agreement, the seller is entitled to recover actual damages.
Step-by-step explanation:
Without a liquidated damages provision in the purchase agreement, the seller is entitled to recover actual damages.
When there is no liquidated damages provision in a purchase agreement, the seller can seek compensation for the actual losses they suffered as a result of the buyer's breach. Actual damages are the real and measurable losses incurred by the seller, such as lost profits or costs associated with finding a new buyer.
It is important for sellers to include a liquidated damages provision in the purchase agreement to provide a predetermined amount of damages in the event of a breach, as it can make the process of calculating damages easier and more certain.