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TIP Tech and Honeycrisp enter into a contract for the purchase of batteries. The contract specifies that the batteries must meet certain specifications; if they
TIP Tech and Honeycrisp enter into a contract for the purchase of batteries. The contract specifies that the batteries must meet certain specifications; if they dont Honeycrisp is entitled to deduct $ per battery from the contract price as liquidated damages. Assume this amount is reasonably related to Honeycrisps actual damages if the batteries fail to meet the specifications. If TIP Tech ships batteries that do not meet the specifications, which remedies are available to Honeycrisp under common law?
Compensatory and consequential damages only
Compensatory damages only
Nominal damages only
Liquidated damages only
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