California, United States of America
The following excerpt is from A. A. Baxter Corp. v. Colt Industries, Inc., 10 Cal.App.3d 144, 88 Cal.Rptr. 842 (Cal. App. 1970):
The same rule was applied with regard to a loss in the resale of equipment purchased for the purpose in Douglas v. Guardian Holding Corp., 132 Cal.App. 585, 592, 23 P.2d 80.