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19-5. Business Case Problem with Sample AnswerConsequential Damages. After submitring the high hid at a foredosure sale, David Simard entered into a contract to purchase

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19-5. Business Case Problem with Sample AnswerConsequential Damages. After submitring the high hid at a foredosure sale, David Simard entered into a contract to purchase real properiy in Maryland for $192,000. Simard defaulred (fllod in pay) on the contract. A state courr ondered the property to be resold at Simard's expense, as required by stake law The property was ther resold for $163,000, bus the sexond purchaser also defaulred. The courr then orderod a second tosale. resulting in a final price of $130.000. Assuming that Simard is liable for consequential damages, what is the extent of his liability? Is he liable for lasses and expenses related to the frost resale? If so, is he also tiable for losses and expenses rdated to the second resale? Why or why not? [Busson is Simam, 35 A.3d 115t (Md. 2012) (See Drimges)

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