Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A enters into a contract with B to buy silk. B breaches the contract. Because of the breach, A loses business because he is not

image text in transcribed

A enters into a contract with B to buy silk. B breaches the contract. Because of the breach, A loses business because he is not able to design scarves for five of his best customers. Are such damages collectable from B? No, not in any case. (B) Yes, but only if they are foreseeable to the breaching party. No, because these are in violation of public policy to mitigate damages. Yes, because merchants can sue non-merchants for lost profits in personal services contracts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Routledge Handbook Of Responsible Investment

Authors: Tessa Hebb, James Hawley, Andreas Hoepner, Agnes Neher, David Wood

1st Edition

0415624517, 978-0415624510

More Books

Students also viewed these Finance questions