An award of the reliance interest of damages will seek to compensate the victim of the contract breach for costs incurred in the performance of the contract.

Question

Quizplus · Accepted Answer

The reliance interest of damages is awarded to compensate the non-breaching party for costs incurred in reliance on the contract, such as expenses or investments made in preparation for performance of the contract. It is intended to put the non-breaching party in the position they would have been in if the contract had never been made.

An Award of the Reliance Interest of Damages Will Seek