Question: Melissa and Bart entered into a valid written contract for Melissa to install a pool in Barts backyard, behind his house. Melissa and Bart agreed

Melissa and Bart entered into a valid written contract for Melissa to install a pool in Barts backyard, behind his house. Melissa and Bart agreed that the value of the pool installation work was $30,000, and thus they agreed in their contract that Bart was to pay that amount to Melissa upon her completion of the work. Before the pool was installed, the market value of Barts house was $400,000. After Melissa installed the pool, Bart failed to pay Melissa the $30,000. Melissa sued Bart for Barts breach of their contract. After the pool was installed, the market value of Barts house was $445,000. Melissa sued Bart for Barts breach of their contract. What are Melissas possible RESTITUTION DAMAGES for Barts Breach?

The restitution damages could be calculated as either $15,000 or $25,000.

The restitution damages could be calculated as either $15,000 or $45,000.

The restitution damages could be calculated as either $30,000 or $45,000.

The restitution damages could be calculated as either $15,000 or $30,000.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!