Vermont § 708 - § 2—708.

Full text of Vermont Vermont Statutes Online § 708 — § 2—708., with citation guidance and answers to common questions.

§ 708. § 2—708.

  • Seller’s damages for non-acceptance or repudiation (1) Subject to subsection (2) of this section and to the provisions of this article with respect to proof of market price (§ 2—723), the measure of damages for non-acceptance or repudiation by the buyer is the difference between the market price at the time and place for tender and the unpaid contract price together with any incidental damages provided in this article (§ 2—710), but less expenses saved in consequence of the buyer’s breach. (2) If the measure of damages provided in subsection (1) is inadequate to put the seller in as good a position as performance would have done then the measure of damages is the profit (including reasonable overhead) which the seller would have made from full performance by the buyer, together with any incidental damages provided in this article (§ 2—710), due allowance for costs reasonably incurred and due credit for payments or proceeds of resale.

Frequently Asked Questions About Vermont § 708

What does Vermont Statutes Online § 708 cover?

Section 708 ("§ 2—708.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 708?

A common citation format is "Vermont Statutes Online § 708" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 708 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.