Expectation is easiest. It is the benefit of the bargain. Assumes contract not breached so Helen's profit + costs= $4,000+$15,000 = $19,000 Assuming she does not keep horse = $17,000 (She nets $4,000 which is the benefit of the bargain)Reliance puts Promissee (Helen) in same position before contract breached (only damages to correct breach) = $15,000-$5,000-$2,000 = $8,000Restitution puts Promisor (Troy) back in same position before contract breached. In this case the $5,000 goes back to Troy, $15,000 to Helen so the net damages awarded are $10,000. Expectation $19,000 / $17,000 if salvages horseReliance $8,000 (horse is salvaged)Restitution $10,000 / $8,000 if salvages horrse
I dont' know the answer to this problem, but I have a question: Is this a 1L K class or an upper-level class? (It seems kind of early to be getting into remedies...unless the class you're taking is Remedies)
Gotcha. Seems kind of strange though to begin with a remedy for breaking K when you don't build a foundation of what a K includes, etc.