Benefit of the bargain refers to the measure of damages awarded to the buyer which is
A) the amount that allows the injured party to revive the economic position held by him or her when the contract was made.
B) the out-of-pocket expense such as the legal fees incurred by the plaintiff.
C) the value of the security that was represented to be worth in the market.
D) the combination of the out-of-pocket expenses and what the security was represented to be worth in the market.
E) the difference between what he or she paid and what the security was represented to be worth.

Question

Quizplus · Accepted Answer

Courts in a few cases have used the benefit of the bargain measure of damages and awarded the buyer the difference between what he or she paid and what the security was represented to be worth. A buyer's damages are measured at the time of purchase.

Benefit of the Bargain Refers to the Measure of Damages