The measure of monetary damages when there has been a breach of contract is the sum of money that will place the injured party in the same position that would have been attained if the contract had been performed.

Question

Quizplus · Accepted Answer

This statement is true. The measure of monetary damages in a breach of contract case is based on the principle of putting the injured party in the same position they would have been in if the contract had been performed as agreed upon. This is often referred to as the principle of "expectation damages."

The Measure of Monetary Damages When There Has Been a Breach