Jessica, in Breach of Contract, Refuses to Accept and Pay

question 4

Multiple Choice

Jessica, in breach of contract, refuses to accept and pay Darren for a quantity of potatoes she had ordered for £500. The same quantity of potatoes would fetch £700 at the farmers' market Darren frequents. Which of the following options is Darren most likely to recover as damages?

• A) £5
• B) £200
• C) £700
• D) £500

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Definitions:

Monthly Payment

A regularly scheduled payment that is often used to repay loans over a specific period of time.

Lump Sum

A single payment made at a particular time, as opposed to several smaller payments or installments.

Interest Rate

The cost of borrowing money or the return on investment, represented as a percentage of the principal.

Annuities

Financial products that pay out a fixed stream of payments to an individual, primarily used as an income stream for retirees.