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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>84104</law_id><section_number>8.2-708</section_number><catch_line>Seller&amp;#8217;s damages for nonacceptance or repudiation</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>8.2-703</reference><reference>8.2-709</reference><reference>8.2-723</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="8.2">Commercial Code - Sales</unit><unit label="part" level="2" order_by="1" identifier="7">Remedies</unit></structure><text>
						<section id="1"><p><span class="prefix-number">1.</span> Subject to subsection (2) and to the provisions of this title with respect to proof of market price (&#xA7; <a class="law" title="Proof of market price; time and place" href="/8.2-723/">8.2-723</a>), the measure of <span class="dictionary">damages</span> for nonacceptance or repudiation by the buyer is the difference between the market price at the time and place for tender and the unpaid <span class="dictionary">contract</span> price together with any incidental <span class="dictionary">damages</span> provided in this title (&#xA7; <a class="law" title="Seller's incidental damages" href="/8.2-710/">8.2-710</a>), but less expenses saved in consequence of the buyer&#x2019;s breach. <a id="paragraph-301412" class="section-permalink" href="https://vacode.org/8.2-708/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> If the measure of <span class="dictionary">damages</span> provided in subsection (1) is inadequate to put the seller in as good a position as performance would have done then the measure of <span class="dictionary">damages</span> is the profit (including reasonable overhead) which the seller would have made from full performance by the buyer, together with any incidental <span class="dictionary">damages</span> provided in this title (&#xA7; <a class="law" title="Seller's incidental damages" href="/8.2-710/">8.2-710</a>), due allowance for costs reasonably incurred and due credit for payments or proceeds of resale. <a id="paragraph-301413" class="section-permalink" href="https://vacode.org/8.2-708/#2"><i class="fa fa-link"/></a></p></section></text><history>1964, c. 219.</history><metadata></metadata></law>
