Law · Contract Law
To what extent may expectation damages be awarded for a breach of contract under general common law principles?
- 1To put the innocent party in the financial position they would have been in if the contract had been fully performed.✓
- 2To restore the position of the innocent party to what it would have been if the contract had never been made.
- 3To put the innocent party in the position they would have been in plus an additional fixed punitive compensation amount.
- 4To restore the position of the innocent party to the pre-contractual status quo plus discretionary non-economic damages.
Correct answer
To put the innocent party in the financial position they would have been in if the contract had been fully performed.
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