In order for a firm to recover lost profits in a breach of contract,the firm must provide credible evidence that it would have made such profits.

Question

Quizplus · Accepted Answer

This statement is true. In order to recover lost profits in a breach of contract, the firm must be able to provide evidence that it would have made such profits had the contract been fulfilled. This evidence should be credible and measurable.

In Order for a Firm to Recover Lost Profits in a Breach