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On June 1, Jones Factory contracts with Repair Co. to fix a machine, with the repairs required to be completed by the end of the
On June 1, Jones Factory contracts with Repair Co. to fix a machine, with the repairs required to be completed by the end of the next day. In making the contract, Jones does not advise Repair Co. that without this machine, Jones' factory cannot operate.
Repair Co. fails to meet the contract deadline and does not return the repaired machine to Jones for 5 more days. May Jones recover from Repair Co. the profits lost due to the 5-day shutdown of its factory that was caused by not having the machine? Explain.
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