The Law To Know

Module 3

Remedies in the sale of goods: the unpaid seller, the disappointed buyer, rejection and acceptance, damages, cure and what international sales do differently

When a sale goes wrong, each party has a different set of tools. The seller who is not paid can sue for the price or damages, can hold the goods, can stop them on the road and can resell them. The buyer who receives bad goods can send them back, claim damages or both, unless the buyer has done something that ends the right to reject. Commercial law has refined these remedies over centuries because both sides have to act fast and with little certainty about the other’s position. This module sets out the toolkits side by side, explains when the right to reject is lost, and compares the common-law approach with the international sales convention, which tries to keep contracts alive wherever it can.

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General education on commercial law and secured transactions, using invented businesses, people and figures. It states common principles in simplified form and does not describe any one country’s law, which differs and changes; rules on sale, security, registration and priority are strict and local. It is not legal advice. Consult a qualified lawyer in the place that matters.

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