The standard measure of loss of bargain damages, for a total breach, would encompass the difference between the agreed contract price and the market value of the property on the date of

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12-07-2022
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The standard measure of loss of bargain damages, for a total breach, would encompass the difference between the agreed contract price and the market value of the property on the date of

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sakshigupta4990 sakshigupta4990 · Answer 1 · 2022-07-20T16:08:53+02:00

The damages are measured by the difference between the contract price and the market price when the seller provides the goods, or when the buyer learns of the breach.

If a party fails to either substantially or fully perform, the other party's remaining obligations, if any, under the contract are discharged.

The standard measure of compensatory damages is the difference between the value of the breaching party's promised performance under the contract and the value of her or his actual performance. This amount is reduced by any loss that the injured party has avoided.

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