Haply Inc. contracts with Barksdale LLC to have an engine repaired.
After much negotiation, the parties agree that the pump will be
repaired and reinstalled at Haply’s facilities in 5 days. Haply plans
on losing $40,000 a day for each day the engine is not delivered after
the five-day window (this is the cost for a replacement engine).
Haply talks Barksdale’s representatives that if the engine is not
repaired on time that bad press will cause Haply to lose a client’s
business totaling $3,000,000. Barksdale does not complete the contract
until day 7.
It cost Haply $500 to secure the delivery of a replacement engine. The
actual rental of the replacement engine cost $40,000 a day. And Haply
lost the business of a client totaling $3,000,000. Haply sues
Barksdale for incidental, consequential and compensatory damages. The
court finds that there is a breach of contract. What are the
consequential, incidental, and compensatory damages that Barksdale is
liable for in this case? Be sure to define each of those terms.
Your paper should be 500 WORDS in length (double-spaced, with one inch
margins all around). Be certain to explain and support your answer.