William Feilden Craies, 1911 Encyclopædia Britannica, Volume 7… (1911)
“ In contracts for the sale of goods the measure of damages is fixed by statute. Where the buyer wrongfully refuses or neglects to accept and pay for, or the seller wrongfully neglects or refuses to deliver the goods, the measure is the estimated loss directly and naturally resulting in the ordinary course of events from the buyer’s or seller’s breach of contract. ”
