X contracts with Y to purchase 1000 sacks of grain to be delivered on 1 September.Y however delivers the grain to X on 8 September and as a result of a drop in grain prices during the delay, X can only sell the grain at half the price that he would have been able to if Y had delivered the grain on time.The loss to X arising out of the breach of contract is classified as:

Question

Quizplus · Accepted Answer

The loss to X is classified as direct loss because it directly results from Y's failure to deliver the grain on time, impacting X's ability to sell the grain at the initially anticipated price.

X Contracts with Y to Purchase 1000 Sacks of Grain