PrincipleCONTRACT LAW — Damages — Governing Principle of Damages
- Area of law
- CONTRACT LAW
- Court
- Supreme Court
Contract damages aim to restore the injured party to the position had the contract been performed. Recovery is limited to reasonably foreseeable losses at contract formation. The principle applies to contract law and damages. The rule embodies the principle from Hadley v. Baxendale. The claimant…
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