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Author Question: What is the difference between incidental damages and consequential ... (Read 150 times)

fox

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What is the difference between incidental damages and consequential damages?

Question 2

The bill of lading is issued by the seller (exporter) directly to the buyer (importer) in order to claim the goods upon arrival at the destination port.
  Indicate whether the statement is true or false



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joewallace

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Answer to Question 1

An injured buyer is generally entitled to incidental and consequential damages. Incidental damages for buyers include such costs as advertising for replacements, sending buyers to obtain new goods, and shipping the replacement goods. Consequential damages, or losses that are caused by a breach, can be much more extensive and may include lost profits caused by the seller's failure to deliver. A buyer, however, only gets consequential damages for harm that was unavoidable.

Answer to Question 2

TRUE




fox

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


Dnite

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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