Title 28 – Commercial Transactions of Idaho statutes deal with provisions relating to remedy and penalty for breach of contracts.
- The title describes the laws as prescribed by the Uniform Commercial code for sales, negotiable instrument transactions, bank deposits, security transactions, etc.
- A breach of contract under the statute is when a party fails to perform his duty as required by the contract.
- The failure of the other party should have caused some damage to the party who has performed his promise under the contract.
- The damages as per the contract will be limited to general damages and incidental damages incurred due to the non-performance.