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  3. 2. v entered into a contract with a for the purcha

2. V entered into a contract with A for the purchase of 1000 bags of...

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Accounting

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2. V entered into a contract with A for the purchase of 1000 bags of rice at the rate of 1,000 per bag. A has not supplied the goods within the due date and due to this A suffered a loss of * 1,00,000 as he has to purchase these bags at the rate of 1,100 per bag from the market to deliver the same to its customers. Decide how much compensation can be claimed by V from A

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