Ishmael is the owner of White Whale Ventures (WWV). Determine which category of money damages Ishmael is entitled to under the following scenarios:

1. WWV enters into a contract to deliver 10 harpoons to Local Marina for $100 per harpoon. One week after delivery, Local Marina’s check for the harpoons is returned by Local Marina’s bank for insufficient funds (a bounced check).

2. WWV develops software for devices used to detect fish in the deep sea. They license the software to Captain Ahab who proceeds to illegally copy the software for his friends.

WWV’s license agreement fixes damages at $10,000 in the event that a licensee illegally duplicates the software.

3. WWV enters into a contract with Ship Supplies Corporation

(SSC) to manufacture specialized fishing equipment.

Ishmael made clear that the equipment had to be delivered in time for the Annual Big Time Fishing Tournament because he intended to rent out the equipment to its customers. The day before the tournament, SSC notifies WWV it cannot complete the order until well after the tournament ended.