Why Is the General Measure of Compensatory Damages "Benefit of the Bargain

question 141

Essay

Why is the general measure of compensatory damages "benefit of the bargain" rather than a measure based on returning the parties to the position that they were in prior to the contract? What do you think is the best approach?

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Definitions:

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The current price at which a good or service can be bought or sold in a marketplace, determined by supply and demand dynamics.

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