Contract for addition to your home. Price agreed with contractor is $100,000. Profit expected for the contractor is $35,000.
1-You breach before the contract work begins, and before the contractor has incurred any costs. Anticipatory repudiation. The contractor tries to mitigate damages, but no other job can be booked. What is the amount of compensatory damages a court would award?
2-Same facts. The contractor has incurred $50,000 of costs for materials, labor, and overhead to the date you say you are repudiating three weeks later. What is the amount of compensatory damages a court would award?
3-Same facts, except you have made no payments yet, and the contractor is finished 100%. What is the amount of compensatory damages a court would award the non-breaching contractor?
4-Same facts, except the contractor calls you before the start of the work with an anticipatory repudiation. You express your dismay and your intent to sue for damages. You use your best efforts and get another equivalent contractor to do the job for $110,000. What amount of compensatory damages would a court award?
5-Same, except you get another equivalent contractor to do the job for $92,000. What amount of compensatory damages would a court award? Any other damages?