Question: HUGE Developing Co. contracted with GC Contracting for the construction of a 12 store strip mall on land owned by HUGE. The contract called for
HUGE Developing Co. contracted with GC Contracting for the construction of a 12 store strip mall on land owned by HUGE. The contract called for the project to be completed by October 1. While the mall was being built HUGE signed rental contracts with retailers for 10 of the 12 stores to be occupied on October 2. In September GC told HUGE that it would not have the mall finished by October 1 but might be done by December 1. After arguing about the completion date GC walked off the job. HUGE had to hire a new construction company at an additional cost of $150,000 to complete the mall. Because construction was not finished until November 1, HUGE lost $45,000 in rental income. HUGE sued GC for breach of contract. Huge can recover: A. The increase in construction cost, because it gives HUGE the benefit of the bargain. B. The lost rents, because they are a foreseeable and natural result of the breach of contract. C. The increase in construction cost and lost rents, because they give HUGE the benefit of the bargain and compensate it for the foreseeable results of the breach. D. Nothing, because consequential damages cannot be recovered in a breach of contract action
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