What is the amount of compensatory damages court would award

Assignment Help Operation Management

Reference no: EM132121533

Contract for addition to your home. Price agreed with contractor is $100,000. Profit expected for the contractor is $35,000.

1-You breach before the contract work begins, and before the contractor has incurred any costs. Anticipatory repudiation. The contractor tries to mitigate damages, but no other job can be booked. What is the amount of compensatory damages a court would award?

2-Same facts. The contractor has incurred $50,000 of costs for materials, labor, and overhead to the date you say you are repudiating three weeks later. What is the amount of compensatory damages a court would award?

3-Same facts, except you have made no payments yet, and the contractor is finished 100%. What is the amount of compensatory damages a court would award the non-breaching contractor?

4-Same facts, except the contractor calls you before the start of the work with an anticipatory repudiation. You express your dismay and your intent to sue for damages. You use your best efforts and get another equivalent contractor to do the job for $110,000. What amount of compensatory damages would a court award?

5-Same, except you get another equivalent contractor to do the job for $92,000. What amount of compensatory damages would a court award? Any other damages?

Reference no: EM132121533

Questions Cloud

How do unethical accounting practices affect internal : How do unethical accounting practices affect internal and external stakeholders? Cite at least one regulation to present the legal perspective.

Discuss about the health care : Describe how your future practice as an advanced practice nurse can promote access to health care in your area. Be specific about the interventions.

Consumers through claim-belief discrepancy : Find an ad that you feel might mislead consumers through a claim-belief discrepancy.

What is mental accounting : What is mental accounting and how does it impact consumer decision making? How might a company take advantage of consumers' mental accounting?

What is the amount of compensatory damages court would award : You breach before the contract work begins, and before the contractor has incurred any costs. What is the amount of compensatory damages a court would award?

Write a letter addressing the board for a fine : Write a letter addressing the Board for a fine of 1000$.This is a association that is charging the homeowners 1000$ fine for a roof that was supposed to be clea

How you would diagnose and prescribe treatment for patient : Post a description of how you would diagnose and prescribe treatment for the patient in the scenario. Then explain how the factor you selected might impact.

You will compare different organizational structures : You will compare and contrast different organizational structures, identifying their key elements.

Identify the multisystem physiologic progression : Identify the multisystem physiologic progression that occurs in anaphylactic shock. Think about how these multisystem events can occur in a very short period.

User Account

All Pages