Carl contracts to sell his house and lot to Winifred for $30,000.Winifred found a house she liked better, so she breached the contract.Two weeks later Carl sold the house and lot to Barb for $25,000.He sues Winifred for $5,000.What type of damages is Carl seeking?

Question

Quizplus · Accepted Answer

Carl is seeking compensatory damages, which are intended to compensate the injured party for the actual losses suffered. In this case, Carl suffered a loss of $5,000 when Winifred breached the contract and he had to sell the property for $5,000 less than the original agreed-upon price.

Carl Contracts to Sell His House and Lot to Winifred