1 - Parties that breach a contract are often held liable for the loss of the benefit of the bargain within the contemplation and expectancy of the parties. New businesses have a particular challenge in that they have to establish a reasonable basis to recover expected but lost profits from a breaching party. A loss profits claim was involved in the case of Paris of Wayne, Inc. v. Richard A. Hajjar Agency, 174 N.J. Super. 310 (App. Div. 1980)Links to an external site. A. Read the case and explain why the Court upheld a verdict for lost profits for the start up business involved. Be sure to explain what "consequential" damages are in your explanation. A correct response is worth a maximum of ten (10) points.