A Seller Can Claim Lost Profits in Case of Damages

question 79

True/False

A seller can claim lost profits in case of damages not putting them in a position as the performance of the contract would have.

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Definitions:

Assigns Contract

Refers to the transfer of rights or duties under a contract from one party to another.

Personal Skill

An individual's ability or expertise in a specific area that contributes to their effectiveness in personal or professional settings.

Delegatee's Performance

The execution of delegated tasks or duties by the appointed individual or entity.

Special Trust

A fiduciary relationship or arrangement in which one party holds property or assets for the benefit of another party, marked by a particular purpose or objective.