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X Co. is a retail dealer of garden tractors. Mr. Y signs a contract to buy a garden tractor for $400 but later backs out of the agreement. The tractor that Y agreed to buy is subsequently sold to Mr. Z for $380. The average cost of a garden tractor to X co. is $260, and the average variable cost is $220. The marginal cost to X co. of supplying an additional tractor to a customer is $300.
X Co. sues Y for breach of contract. How much damages should be awarded to X co? You must explain your answer to get any credit.
Explain the International law International law is the body which governs State actions and its effective implementation within the States depends on the way in which States tr
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