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Question
If the seller has justifiably withheld delivery of the goods because of the buyer's breach, the buyer is entitled to:
A. recover any money or goods he has delivered to the seller over and above the agreed amount of liquidated damages.
B. an amount in excess of $500 or 20% of the value of total performance.
C. recover any money or goods he has delivered to the seller only to the agreed amount of liquidated damages.
D. an amount in excess of $1,000 or 20% of the value of total performance or whichever amount is higher.
Answer
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Related questions
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B. states that all defenses available to the purchaser against the seller can also be available against the holder in due course.
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