This lesson explores the issue of whether, in computing the expectation remedy, the court will award the cost of completion or the diminution in value. The lesson can be run either as an introduction to this aspect of damages or as a review after you have completed your study.
On completion of the lesson, the student will be able to:
1. Define the doctrine of "economic waste."
2. Evaluate whether a plaintiff is likely to recover the cost of completion or the diminution in value.