Danny LaBarbera made a contract to buy a vintage car from Dupree Bolton for $20,000. He had already arranged to resell the car to a collector for $30,000. Dupree backed out of the deal, and Danny was unable to find a replacement. Danny sues Dupree. What are his damages?
A)$10,000. This will place Danny in the same position as if the contract had been fulfilled.
B)$20,000. This will satisfy Danny's expectation interest.
C)$30,000. This is what Danny expected to receive from his collector
D)Zero. Danny is no worse off than he was before the breach, since he didn't pay Dupree any of the $20,000.
E)$5,000. Danny was obliged to mitigate his damages.

Question

Quizplus · Accepted Answer

Danny's damages are $10,000, which is the profit he lost due to Dupree's breach. This amount places him in the position he would have been in if the contract had been fulfilled.

Danny LaBarbera Made a Contract to Buy a Vintage Car