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Loss of bargain

Definition

A contract law theory stating that when a contract is breached, a buyer is entitled to damages equal to the difference between the value of an item at the time it was to be conveyed and the contract price.

Related Rules


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Beard v. S/E Joint Venture


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

Wolofsky v. Behrman