Buyer’s damages for nondelivery or repudiation
(1) Subject to the provisions of ORS 72.7230 (Proof of market price: time and place) with respect to proof of market price, the measure of damages for nondelivery or repudiation by the seller is the difference between the market price at the time when the buyer learned of the breach and the contract price together with any incidental and consequential damages provided in ORS 72.7150 (Buyer’s incidental and consequential damages), but less expenses saved in consequence of the seller’s breach.
(2) Market price is to be determined as of the place for tender or, in case of rejection after arrival or revocation of acceptance, as of the place of arrival. [1961 c.726 §72.7130 (Buyer’s damages for nondelivery or repudiation)]
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