X contract to deliver 1000 bags of wheat at Rs. 100 per bag on a future date. On the due date, he refuses to deliver. The market price on that day is Rs. 120 per bag. Which damages can be granted by the court

Question

Quizplus · Accepted Answer

Ordinary damages can be granted by the court in this case because they are the most direct and foreseeable losses resulting from the breach of contract, which in this instance is the difference between the contract price and the market price on the due date.

X Contract to Deliver 1000 Bags of Wheat at Rs