BUSA 690 Lecture Notes - Lecture 16: Rhett Butler, Expectation Damages, Liquidated Damages
Document Summary
Susan contractually agreed to sell a particular computer to davor for . Davor paid the money, susan refuses to actually give him the computer. A court will likely award monetary damages, rather than specific performance, to davor because. Monetary damages will provide davor with an adequate remedy. Savannah agreed to buy a car from rhett for 000. Damages in contract are usually forward-looking because the courts want to protect the fact that promises are valuable only if they will be kept in the future. Luis contractually agreed to sell a widget to monica for 000. Monica accepted delivery of the widget, but has paid only 000. Although neither party realized it when they created their contract, the widget is actually worth 000. Joshua contractually agreed to sell a widget to maya for 000. Before the sale was completed, however, maya announced that she no longer wanted the widget.