Land Ltcl ("Land' entered into a contract with Contractor Ltd {\"the Contractor\"]I for the construction of a fivestorey residential building. The construction fee is 55 billion. A clause in the contract provides that should there be a breach of the contract, the party in default shall compensate for the direct loss of the innocent party only. There has been a substantial delay in the completion of the contract by Contractor. As a result of the delay, Land has spent an additional sum of 51 billionjor the construction. All the ats situated in the building have sold out to the consumers at the earlier stage of the construction. The delay has caused several buyers abandoning the transactions. Land has lost 58 million profits as a result ("the Loss of Profit\"l. in relation to damages for breach of contract 1. Explain the common law about the damagers recoverable by a contracting party when the other party is in breach of the contract. 2. in light of the scenario: a. What is the total loss of Land as a result of the delay in the completion of the contract by Constrictor. b. In light of your answer to part {1} and the facts provided by the problem scenario, explain to Land as to whether Land could recover the Loss of Prot