Breach of Contract: Remedy for Cyrus

Vicky's Contract with Cyrus

Vicky contracts with Cyrus to have him remodel her kitchen. However, Vicky changes her mind and breaches the contract before Cyrus can begin work.

Remedy for the Breach

As a remedy for the breach, Cyrus can seek:

Question options:

a. the entire contract price.

b. nothing, because the breach occurred before he began performance.

c. expected profits from the contract.

d. the contract price, plus interest.

Answer:

Expected profits from the contract

Explanation:

Vicky changed her mind and disagreed to contract before the work started. She did this because she was expecting more profit from the contract.

What remedy can Cyrus seek for the breach of contract with Vicky? Cyrus can seek expected profits from the contract as a remedy for the breach.
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