Based on the Alabama Supreme Court case discussed in the text involving the lost profits in connection with a grocery store,what is the general requirement in order for lost profits to be awarded in a breach of contract case?
A) There must be an established business that has a record of earning profits in the past and it must be proven that lost profits would have been earned in the absence of the breach.
B) There must be an established business,but a record of past profits is not necessary so long as it can be proven that the profits would have been earned in the absence of the breach.
C) Lost profits can be recovered,whether or not the related business was an actual established business,so long as the lost profits can be proven with reasonable certainty.
D) Lost profits generally cannot be recovered because they are too speculative in nature.
Correct Answer:
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