Everything about Expectation Damages Law totally explained
Expectation damages are a form of
damages available as a recourse to a breached
contract. When a contracting party fails to fulfill their contractual duties, which causes losses to the other party, the party in
breach can be liable for the losses of the other party. Losses that relate to the consequences of breach are expectation damages, because the purpose of this type of remedy is to put the
plaintiff in the position he'd have been in had the contract been fulfilled. This head of damage would include loss of future (net) profits.
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