Damages and Equitable Remedies (a) How are damages different than equitable remedies? (b) If David breaches his agreement to pay $5000 to Laura for her car, and she later sells the car to Ellysa for $4000, what is the measure of Laura’s damages from David’s breach? (c) Explain one’s duty to mitigate contract damages. (d) If Olaf breaches his obligation to deliver a new car to Lisa, is it likely that a court will require Olaf to deliver the car through the remedy of specific performance?
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Damages and Equitable Remedies
-
(a) How are damages different than equitable remedies?
-
(b) If David breaches his agreement to pay $5000 to Laura for her car, and she
later sells the car to Ellysa for $4000, what is the measure of Laura’s damages from David’s breach?
-
(c) Explain one’s duty to mitigate contract damages.
-
(d) If Olaf breaches his obligation to deliver a new car to Lisa, is it likely that a court will require Olaf to deliver the car through the remedy of specific performance?
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