General Damages
FMV = $150,000
K price = $80,000
Donovan v. Bachstadt, 91 N.J. 434, 453 A.2d 160 (1982). The court in Bachstadt determined that Donovan could recover general damages and special damages. The general damages were calculated using the FMV of land - K price formula.
Charles' recovery for money spent on food, vendors, DJs, fireworks, balloons.
$0; Desmond is going to argue foreseeability, in that he couldn't have foreseen these expenditures that Charles would spend for the party
Charles' recovery for money spent in cancelling the event
$0
Charles' recovery for money spent on scholarship donations
$0, because of certainty and foreseeability limitations.
Charles' recovery for hurt future profits
$0; Charles will not be able to recover for future lost profits due to both foreseeability and certainty limitations.
Charles' recovery for money spent on a new suit
$0; Charles won't be able to recover the $1600 for the suit because of foreseeability and avoidability.
Charles' recovery for money spent on flights for his family
$0; This expense was not foreseeable at the time of the contract formation, so Desmond should not be responsible for the cost.