Okla. Stat. tit. 12A, § 12A-2-708
This is the official text of Okla. Stat. tit. 12A, § 12A-2-708, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Seller's Damages for Nonacceptance or Repudiation
Official statutory text
(1) Subject to subsection (2) and to the provisions of this
article with respect to proof of market price (Section 2-723), 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 article (Section 2-710), 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
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 225
reasonable overhead) which the seller would have made from full
performance by the buyer, together with any incidental damages
provided in this article (Section 2-710), due allowance for costs
reasonably incurred and due credit for payments or proceeds of
resale.
article with respect to proof of market price (Section 2-723), 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 article (Section 2-710), 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
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 225
reasonable overhead) which the seller would have made from full
performance by the buyer, together with any incidental damages
provided in this article (Section 2-710), due allowance for costs
reasonably incurred and due credit for payments or proceeds of
resale.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.