3- what is tort?

6-Describe the two major theories used by the courts to determine damages?

7-Sam contract to buy an asset from Pam for $205,000, but six months later, Pam says no to the sale. The asset is now worth $325,000. What would the damages be under the benefit-of bargain rule?

8-What five major factors are required for the benefit-of the bargain computation?

9-Describe the four major ways to calculate lost profits?