UNIT 4 - Damages Flashcards
1
Q
What are the different damages that can be claimed due to breach of contract ?
A
measure: Expectation los or Reliance loss
- consumer surplus
- difference in value
- cost of cure
- nominal
NOT distress and dissap
2
Q
What kinds of things must we consider when evaluating the validity of a damages claim ?
A
- remoteness
- what the claimant will likely do with the money
- special or penalty clauses ?
- mitigation
- contributory negligence
3
Q
A
