When the court awards money damages for breach of contract, it generally measures the damages by what is called the expectation measure or the expectancy. This lesson explains how those damages are calculated. It can be run either as an introduction to expectancy damages or as a review after you have completed your study.
On completion of the lesson, the student will be able to:
1. Explain what is meant by expectation damages.
2. Calculate the expectation damages in a variety of fact situations.