Cover Law and Legal Definition
Cover means to protect or shelter. It is used as a remedy under contract law. The remedy of cover can be used by a buyer to be protected from an action of breach of a sales contract. Under this situation the uniform commercial code provides a remedy to the buyer. The buyer is permitted to find another source for the same good. The buyer may then file a law suit against the breaching seller to recovery the difference between the cost of the goods offered, and the price at which the goods were bought.
Legal Definition list
Related Legal Terms
- Accelerated Cost Recovery System
- Additional Crop Insurance Coverage
- Additional Extended Coverage
- Adequate Protective Cover
- After-Discovered Evidence
- Agency Records [Recovery Accountability and Transparency Board]
- American Recovery and Reinvestment Act [ARRA]
- Asset-Coverage Test
- At-Home Recovery
- Bail Fugitive Recovery Person
