WHAT DAMAGES ARE AVAILABLE FOR BREACH OF CONTRACT?
Where two parties have made a contract, which one of them has broken, the damages which the other party ought to receive, in respect of such breach, should be such as may fairly be considered either arising naturally, i.e., according to the usual course of things, from such breach of contract itself, or such as may reasonably be supposed to have been in the contemplation of both parties at the time they made the contract, as the probable result of the breach of it. Contract damages are generally designed to put the injured party in as good a position as if the contract had been performed. For example, in a lease transaction, the lessee is generally entitled to recover the value of the lease term, which, in the absence of special circumstances, is the difference between the actual rental value and the rent reserved. A party is not generally chargeable for a contract loss that the party had no reason to foresee as a probable result of the alleged breach when the contract was made. Furthe
