LAW 122 Chapter Notes - Chapter 12: Expectation Damages, 18 Months, Damages
9 Jan 2014
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One of more remedies may be available if a contract is breached. The innocent party usually enjoys the option to discharge the agreement if breach substantially eliminates the expected benefit of the contract (chapter 11) Other remedies may be available, whether or not contract is discharged. In most cases, the remedy for a beach of contract is damages. There are many measures of relief, or ways in which the court can calc. the amount of money that the plaintiff is entitled to receive from the defendant. Most common measure of relief is expectation damages - represent the monetary value of the benefit that the plaintiff expected to receive under the contract - give me what i expected to get! . Forward-looking damages allow the plaintiff to recover the value of something it never previously enjoyed but expected to receive under their contract with defendant.
