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A court will have two choices in determining how to measure expectation damages. They can either award expectation damages measured by cost of completion or diminution in value. These measurements come up most when evaluating construction of houses. In Jacobs v. Kent, Jacobs contracted to have his house built with "reading" pipe. The house was mostly built with another type of pipe that was extremely close in the value of the pipe. They were virtually the same as one another and functioned the same as well. They were of the same or little quality difference from one another. When the cost of completion is grossly inproportionate to the value or benefit gained from them, then the court will usually award diminution in value. In this case, the builders would have had to tear down most of the house which would have cost tons of money for only a little difference in the difference in value between the two pipes. The courts usually only award cost of completion when it is a material and willful breach and whether the contract has not been substantially performed. In this case, it was an accident that the wrong piping was put into the house and didn't make that much of a difference in the overall function or value of the home. Therefore, the court awarded the diminution in value which is the difference between the value of what he currently has and the value of what he should have had. In this case, it was $0 (I think). Cost of completion on the other hand is what it would take to fully complete the job from the currrent viewpoint of the nonbreacher.
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How are details connected?
they are connected by the same expectation of the other details (I guessed)
What to do when you get rear ended?
The same as any other accident. If you have damages you submit a claim. If you have no damages then there is nothing to claim.
What are Damages intended to punish a defendant and deter the defendant from engaging in the same tortuous conduct in the future?
Punitive damages are monetary damages that are awarded to punish a defendant who either intentionally or recklessly injured the plaintiff.
Should you ask for compensation in the same amount as your doctor bills?
No. There are two types of damages you can claim for. First are damages that are capable of being calculated at the time of the trial. Such as loss of earnings before the trial, medical expenses before the trial and damage to property. Second are damages which are not capable of calculation at the time of the trial and so are left to the court to quantify. Such as loss of future earnings, cost of future medical expenses and pain and suffering.
What search and seizure rights do you have in school?
"A Legitimate Expectation Of Privacy." but at the same time the school has to protect the students and faculty.
Why did Columbus go on a second expedition?
Same reason as the first expedition, and other similar expeditions: in the expectation of making money.
What is the purpose in awarding punitive damages?
Where as compensatory damages are intended to recompense the injured party for their losses, punitive damages are meant to punish those who they are applied against. Further, punitive damages are also known as exemplary damages. Aside from its intent to punish the defendant for his willful of malicious misconduct, this is also awarded to make an example of the defendant's wrong actions so as to discourage other persons or companies from committing the same offense.
Is ending a noun?
It can be, when it means a conclusion, completion, or terminal point. The gerund "ending" is used in the same way.
Are liquidated damages the same as Punitive damages?
No. Punitive damages are strictly that--punitive, designed to punish and make an example of the defendant to deter future similar bad conduct. Conversely, liquidated damages are set damages (i.e. per day, hour, whatever increment of time) as a penalty for non-performance. Perfect example would be a contractor who promises to finish building a house by January 30th and the contract says for each day past January 30th, the homeowner shall be entitled to liquidated damages in the amount of $100.
When expectations don't match reality?
Among many, I like one of the simplest (Satisfaction = Reality - Expectation) where (Reality = Perception) and a positive satisfaction occurs when perception overcomes expectation and vice-versa.
Is Standard Cost same as actual cost?
Standard cost is that cost which is budgeted at start of production while actual cost is that cost which actually incurred by business both of them can be same if actual cost incurred is same as allocated or determined in budgeting process using standard cost otherwise there will be difference.
Past participle of cost?
It is the same: cost.
