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If a buyer breaches a contract and the seller resells the goods to another party, the seller cannot hold the breaching buyer liable for any loss. Question 8 options: False True

User Jack Blank
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1 Answer

5 votes

Answer:

False.

Step-by-step explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

If a buyer breaches a contract and the seller resells the goods to another party, the seller can hold the breaching buyer liable for any loss because a breach of contract does not excuse or absolve the non-breaching party (who is the seller in this scenario or business transaction) duty to perform his or her obligations.

Hence, the buyer has the legal rights to sue the seller for a compensation.

User Dhananjay
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