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Remedies for Breach of Contract: Formula for Expectation Damages

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the legal remedy for a breach of contract claim?

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1. A court needs to determine the appropriate award in a breach of contract case. What will it use to determine the award?

2. The innocent party must make a reasonable effort to lessen his or her damages. What is this effort called?

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About This Quiz & Worksheet

Gauge your knowledge of how courts calculate damages during a breach of contract and the factors that go into the case with this quiz and worksheet. Topics you should know to successfully pass the quiz include when the innocent party makes an effort to lessen their damages and how courts legally remedy breach of contract lawsuits.

Quiz & Worksheet Goals

Use these assessment resources to test yourself on the following:

  • Purpose of expectation damages
  • Formula used for calculating expectation damages
  • Remedy for a breach of contract
  • How a court determines the correct award for a breach of contract case
  • Term for an innocent party making a reasonable effort to minimize their damages

Skills Practiced

Practice these skills using the quiz and worksheet:

  • Critical thinking - apply relevant concepts to examine information about expectation of damages in a different light
  • Information recall - access the knowledge you have gained regarding how courts remedy a breach of contract
  • Reading comprehension - ensure that you draw from the lesson the most important information about determining the appropriate reward for the innocent party during a breach of contract

Additional Learning

To learn more about this formula, view the accompanying lesson titled . It digs into these objectives:

  • Define breach of contract and legal remedy
  • Identify why courts may have difficulty calculating expectation damages
  • Explore how courts calculate damages
  • Recognize the responsibilities of an innocent party after a breach of contract
  • Discover the Hairy Hand case and its relationship to expectation damages
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