Damages for reliance include expenses for:
A) lost profits.
B) injury to the person.
C) preparing to perform.
D) punishment of the breaching party.

Question

Quizplus · Accepted Answer

Damages for reliance are meant to compensate the non-breaching party for expenses they incurred in preparing to perform their obligations under the contract. This can include costs for materials, labor, and other expenses that were necessary but are now wasted due to the breach. Lost profits (A) would fall under damages for expectation, while injury to the person (B) is a separate category of damages. Punishment of the breaching party (D) would fall under the category of punitive damages, which are only awarded in certain circumstances and are not typically included as part of reliance damages.

Damages for Reliance Include Expenses For