Expectation Interest
loss of benefit of bargain plus other loss(incidental and consequential damages.)
benefit of the bargain
Advantage in the exchange or a profit that the parties wold have reaped if parties fully performed contract.
Value of promise - Cost Avoided
difference between what was promised and what i promised in return.
Value promised- Value of delivery
Difference in the value of stuff promise between what was actually delivered. the cost of repair or cost of completion.
Lost Profit
profit that you would have earned from that particular bargain.
Loss of benefit of bargain
May be little or nothing
Other loss
incidental and consequential
Incidental damages
Cost of response to breach or arranging a substitute
Consequential Damages
interruption of a business/profit; personal injuries.
Limits on consequential loss
duty to mitigate, foreseeability, reasonably certain proof.