Florida Statute 672.708 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 672
UNIFORM COMMERCIAL CODE: SALES

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F.S. 672.708

672.708 Seller’s damages for nonacceptance or repudiation.—

(1) Subject to subsection (2) and to the provisions of this chapter with respect to proof of market price (s. 672.723), the measure of damages for nonacceptance or repudiation by the buyer is the difference between the market price at the time and place for tender and the unpaid contract price together with any incidental damages provided in this chapter (s. 672.710), but less expenses saved in consequence of the buyer’s breach.

(2) If the measure of damages provided in subsection (1) is inadequate to put the seller in as good a position as performance would have done then the measure of damages is the profit (including reasonable overhead) which the seller would have made from full performance by the buyer, together with any incidental damages provided in this chapter (s. 672.710), due allowance for costs reasonably incurred and due credit for payments or proceeds of resale.

History.—s. 1, ch. 65-254.

Note.—s. 2-708, U.C.C.

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Amendments to 672.708

Arrestable Offenses / Crimes under Fla. Stat. 672.708

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 672.708.

Annotations, Discussions, Cases:

Cases Citing Statute 672.708

Total Results: 7

Florida Recycling Services, Inc. v. Petersen Industries, Inc.

Court: District Court of Appeal of Florida | Date Filed: 2003-10-29

Citation: 858 So. 2d 1114, 51 U.C.C. Rep. Serv. 2d (West) 1061, 2003 Fla. App. LEXIS 16126, 2003 WL 22438598

Snippet: pursuant to the Uniform Commercial Code, section 672.708(2), Florida Statutes (1999). Also, as provided

Ivens Corp. v. Hobé Cie Ltd.

Court: District Court of Appeal of Florida | Date Filed: 1989-12-26

Citation: 555 So. 2d 425, 1989 Fla. App. LEXIS 7282, 1989 WL 155484

Snippet: Dictrow, 85 A.D.2d 646, 445 N.Y.S.2d 406 (1981); § 672.708, Fla.Stat. (1987). Finally, we reject the plaintiff

Florida Min. & Materials Corp. v. Standard Gypsum Corp.

Court: District Court of Appeal of Florida | Date Filed: 1989-08-23

Citation: 550 So. 2d 47, 9 U.C.C. Rep. Serv. 2d (West) 1245, 14 Fla. L. Weekly 2003, 1989 Fla. App. LEXIS 4782, 1989 WL 98054

Snippet: damages as its remedy for a breach of contract. § 672.708, Fla. Stat. (1987); Vagabond Container, Inc. v

Design Time, Inc. v. Monco of Orlando, Inc.

Court: District Court of Appeal of Florida | Date Filed: 1988-01-14

Citation: 518 So. 2d 454, 1988 WL 1073

Snippet: overhead pursuant to section 672.708(2), Florida Statutes. Section 672.708 provides the following: Seller's

Al's Motor Co. v. Jackson Marine Sales, Inc.

Court: District Court of Appeal of Florida | Date Filed: 1983-06-08

Citation: 432 So. 2d 736, 1983 Fla. App. LEXIS 19996

Snippet: LETTS, C.J., and BERANEK, J., concur. . Section 672.708 provides: Seller’s damages for nonacceptance or

Vagabond Container, Inc. v. City of Miami Beach

Court: District Court of Appeal of Florida | Date Filed: 1978-03-07

Citation: 356 So. 2d 1266, 1978 Fla. App. LEXIS 15598

Snippet: Section 672.708(2), Florida Statutes (1975); incidental damages, pursuant to Section 672.708(2) and 710

Tech Corporation v. Permutit Company

Court: District Court of Appeal of Florida | Date Filed: 1975-11-14

Citation: 321 So. 2d 562

Snippet: is entitled to recover damages in this case, § 672.708(2), F.S. 1973, is applicable and appellee is entitled