Vermont § 723 - § 2—723.
Full text of Vermont Vermont Statutes Online § 723 — § 2—723., with citation guidance and answers to common questions.
§ 723. § 2—723.
- Proof of market price: time and place (1) If an action based on anticipatory repudiation comes to trial before the time for performance with respect to some or all of the goods, any damages based on market price (§ 2—708 or § 2—713) shall be determined according to the price of such goods prevailing at the time when the aggrieved party learned of the repudiation. (2) If evidence of a price prevailing at the times or places described in this article
is not readily available the price prevailing within any reasonable time before or
after the time described or at any other place which in commercial judgment or under
usage of trade would serve as a reasonable substitute for the one described may be
used, making any proper allowance for the cost of transporting the goods to or from
such other place. (3) Evidence of a relevant price prevailing at a time or place other than the one described
in this article offered by one party is not admissible unless and until he or she
has given the other party such notice as the court finds sufficient to prevent unfair
surprise.
Frequently Asked Questions About Vermont § 723
What does Vermont Statutes Online § 723 cover?
Section 723 ("§ 2—723.") 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 § 723?
A common citation format is "Vermont Statutes Online § 723" (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 § 723 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.