Quick Contracts Damage Remedy Questions

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jeffcooon

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Quick Contracts Damage Remedy Questions

Postby jeffcooon » Tue Dec 12, 2017 12:23 am

1) A (machine buyer) buys machine from B (machine maker) for $5,000. A configures programs and equipments, which costs $6,000, to install the new machine. However, B now backs out.

How would expectation/reliance remedy would apply?

2) A (rich banker) hires B (neighbor) to perform at B's annual gala at a price of $4,000. B buys guitars and amps for the price of $2,000. However, A now backs out.

How would expectation/reliance remedy would apply?

Pretty simple, but just wanted to make sure I'm getting it.


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