Examlex
While visiting his parents in Toronto, Egon went to a see a local band at a bar.He purchased the compact disk they had for sale, and took it back to his hometown in Victoria, Bc.Once there, Egon made copies of the compact disk onto tapes and sold them at his record store for $5 each.Which of the following is TRUE?
Lost Profits
Damages recoverable in a lawsuit, representing the amount of profit one party would have made had the other party not breached a contract or committed a wrongful act.
Replacement Seed
relates to seeds provided to replace initial batches that were defective or failed to germinate, ensuring agricultural productivity is not compromised.
Specific Performance
A legal remedy in contracts requiring the party who breached the contract to perform their contractual obligations, rather than simply paying damages.
Replevin
A legal action to recover personal property that has been wrongfully taken or detained.
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