Mai entered into a contract to by Jessa's 1970 Volkswagen Beetle for $5,000.Shortly after signing the contract but before Mai paid her,Jessa decided to keep the car after learning it was actually worth $12,000.How much damages will a court award Mai if she sues for breach of contract?

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Quizplus · Accepted Answer

The court would likely award Mai $7,000 in damages, which is the difference between the contract price ($5,000) and the actual value of the car ($12,000). This compensates Mai for the lost bargain due to Jessa's breach of contract.

Mai Entered into a Contract to by Jessa's 1970 Volkswagen