General Damages
Charles' recovery for the benefit of the bargain
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 using the FMV of land - K price formula. Therefore, $150,000-$80,000=??
Charles' recovery for money spent on food, vendors, DJs, fireworks, balloons.
$0; Desmond is going to argue the limitation of foreseeability, as he could not have reasonably foreseen what Charles would have paid for these expenditures for the party
Charles' recovery for money spent in cancelling the event
$0 ; Avoidability - Charles cannot recover for damages that could have been avoided. Charles could have mitigated his damages.
Charles' recovery for money spent on scholarship donations
$0, 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.