Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

lost-volume seller

A seller of goods who, after a buyer has breached a sales contract, resells the goods to a different buyer who would have bought identical goods from the seller's inventory even if the original buyer had not breached. 9 Such a seller is entitled to lost profits, rather than contract price less market price, as damages from the original buyer's breach. UCC ยง 2-708(2).