Would it make any difference if Edward had told Marcia that he wanted the sugar to make candies for the Christmas trade and that he had accepted lucrative contracts for delivery for the Christmas trade? Explain.
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Edward, a candy manufacturer, contracted to buy one thousand barrels of sugar from Marcia. Marcia failed to deliver, and Edward was unable to buy any sugar in the market. As a direct consequence, he was unable to make candies to fulfill unusually lucrative contracts for the Christmas trade. What damages is Edward entitled to recover? Edward, a candy manufacturer, contracted to buy one thousand barrels of sugar from Marcia. Marcia failed to deliver, and Edward was unable to buy any sugar in the market. As a direct consequence, he was unable to make candies to fulfill unusually lucrative contracts for the Christmas trade. Would it make any difference if Edward had told Marcia that he wanted the sugar to make candies for the Christmas trade and that he had accepted lucrative contracts for delivery for the Christmas trade? Explain. |
Explanation
The monetary damages would be borne by the Individual M toward Individual E because the ordinary profit that can be generated by producing Food Cfrom the 1000 barrels of Ingredient Shas been lost and can be calculated against the breach of promise.
However,Individual M would not be liable to pay any additional loss that can amount to higher profits, seasonal profits, commissions, and any incentive that can be made at the time of eve of Festival C by selling the Food C. Additionally, Individual M has not made any promise about it at the time of Festival C.
Verified Answer
Individual E would be eligible to get the general and ordinary losses incurred from the breach of the promise under contract by Individual M because these losses are certain and promised at the time of contract.
Individual M would not be responsible for any incremental gains and commissions as she was unaware about the contracts made for Festival C.
Explanation
Individual E would be eligible to recover the loss suffered in lieu of not meeting the contract promises at the time of Festival C in addition to the ordinary losses because of telling the material fact at the time of executing the contract. The awareness of fact by Individual M would make the additional losses certain and calculable damage in context to breach of promise by Individual M.
Verified Answer
Individual M would be liable to pay the additional damages that can be generated by meeting the expectations of the contracts made on Festival C by Individual E if Individual M is aware of the fact at the time of making the contract.
