Armand contractually agreed to sell a widget to Melanie for $100 000.However, she refused to accept delivery of the widget or to pay the contract price because the widget is really worth $80 000.Britt then offered to buy the widget from Armand for $80 000, but he rejected that offer.If Armand claims expectation damages, a court will order Melanie to pay him

Question

Quizplus · Accepted Answer

Expectation damages aim to put the injured party in the position they would have been in had the contract been performed. Armand expected to receive $100,000 from Melanie, but the widget is only worth $80,000. Therefore, the difference of $20,000 represents his expectation damages.

Armand Contractually Agreed to Sell a Widget to Melanie for $100