Question

Marc agrees to sell Diana 500 copies of a book for $3.50 per book. Marc breaches the contract by not delivering the books. At the time of the breach, the books are available from the publisher for $4.50 each. Diana’s damages are:__________.

Answer 1

Answer:

$500

Explanation:

At $3.50 per copy from Marc

500 copies would cost

500 × $3.50

= $1,750

At $4.50 per copy from the publisher

500 copies will cost

500 × $4.50

=$2,250

Diane's damages= difference in the cost of books from Marc and the publisher.

$2,250 - $1,750

=$500