Even though Mac.empress would allow me to die, can anyone help me with a k question?
So, lost volume sellers do not appear in the UCC, however, the sections on seller's remedies have some apparently crucial things to say about it. For one, what do they say? Second, what the hell does this mean?:
"2-708(2) says that the proceeds of resale” must be subtracted from lost profits. How does the ct. deal with this problem in this case? The court says that you limit that provision to “proceeds of completed goods as scrap.” Since Diasonics didn’t earn proceeds from reselling any scrap, nothing needs to be deducted from its lost profits."
I wrote this down in my class notes but honeslty don't know what it is talking about (I mean, I get the overall idea, just not how it applies).