Martin agrees to buy Colton's house for $210,000 and provides a non-refundable deposit of $15,000. Martin and Colton agree that if Martin does not complete her purchase of the house the $15,000 will be liquidated damages. Martin fails to complete the purchase but Colton has a backup offer of $180,000 and completes his sale to a third party a week later for this lower amount. Explain what remedy Colton has available to him because Martin breached the contract? Does he suffer a loss? The remedy Colton has available is: Why is it this remedy? : What loss (if any) does he suffer? :