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First Principles of Business Law |
| Remedies for breach of contract |
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3. An award of damages |
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3.11. Mitigation of loss continued... |
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Read the facts and the question and then choose the best answer. A, a farmer, buys 10 kgs of Roma tomato seeds for $1000 from B, a seed merchant. A and B both know that A intends to grow and sell a crop of tomatoes. However, B fails to deliver the promised seeds to A. A finds an alternative supplier of seeds at the same price he had agreed to pay B. However, his planting is delayed by ten days. This means a late harvest but A thinks it is worth the risk. As it turns out, by the time A sends his crop to market, the price of Roma tomatoes has risen by 10% over the price these tomatoes sold at ten days earlier. In these circumstances, is A entitled to sue B for damages for breach of contract? |
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