Michigan Compiled Laws
174-1962-2-7 - Part 7 Remedies (440.2701...440.2725)
Section 440.2712 - Cover; Procurement of Substitute Goods; Buyer's Damages.

Sec. 2712.
(1) After a breach within the preceding section the buyer may "cover" by making in good faith and without unreasonable delay any reasonable purchase of or contract to purchase goods in substitution for those due from the seller.
(2) The buyer may recover from the seller as damages the difference between the cost of cover and the contract price together with any incidental or consequential damages as hereinafter defined (section 2715), but less expenses saved in consequence of the seller's breach.
(3) Failure of the buyer to effect cover within this section does not bar him from any other remedy.
History: 1962, Act 174, Eff. Jan. 1, 1964

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 440 - Uniform Commercial Code

Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)

Article 2 - Sales (440.2101...440.2725)

174-1962-2-7 - Part 7 Remedies (440.2701...440.2725)

Section 440.2701 - Collateral or Ancillary Contracts; Remedies for Breach.

Section 440.2702 - Insolvency of Buyer; Remedies of Seller.

Section 440.2703 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Remedies of Seller.

Section 440.2704 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Identification of Goods; Resale; Salvage.

Section 440.2705 - Stoppage of Delivery in Transit or Otherwise; Conditions; Notice to Bailee.

Section 440.2706 - Buyer's Wrongful Rejection, Revocation of Acceptance, or Nonpayment; Resale by Seller; Recovery of Loss; Notice to Buyer; Profit.

Section 440.2707 - Person in the Position of a Seller.

Section 440.2708 - Nonacceptance or Repudiation; Seller's Damages.

Section 440.2709 - Nonpayment; Action for Price, Damages.

Section 440.2710 - Seller's Incidental Damages.

Section 440.2711 - Nondelivery, Repudiation, Rejection, or Revocation of Acceptance; Buyer's Remedies; Security Interest in Goods.

Section 440.2712 - Cover; Procurement of Substitute Goods; Buyer's Damages.

Section 440.2713 - Nondelivery or Repudiation; Buyer's Damages.

Section 440.2714 - Accepted Goods; Buyer's Damages for Breach.

Section 440.2715 - Buyer's Incidental and Consequential Damages.

Section 440.2716 - Specific Performance; Replevin; Claim and Delivery.

Section 440.2717 - Deduction of Damages From Price; Notice.

Section 440.2718 - Liquidation and Limitation of Damages; Restitution to Buyers.

Section 440.2719 - Contractual Modification or Limitation of Remedies.

Section 440.2720 - Cancellation, Rescission, Antecedent Breach.

Section 440.2721 - Remedies for Misrepresentation or Fraud.

Section 440.2722 - Right of Action Against Third Party for Injury to Goods.

Section 440.2723 - Evidence of Market Price; Time, Place, Surprise.

Section 440.2724 - Evidence of Market Price; Market Quotations, Admissibility.

Section 440.2725 - Statute of Limitations in Contracts for Sale; Contractual Reduction.