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Simple English definitions for legal terms

cost of completion

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A quick definition of cost of completion:

Cost of completion refers to the amount of money needed to finish a project or contract. It is often used in contract law as a type of compensation when one party intentionally breaks a contract. For example, if a company breaks a lease contract to restore land, the cost of completion would be the amount of money needed to make the land level again. Different courts may award different types of damages, but cost of completion is one option.

A more thorough explanation:

Definition: Cost of completion refers to the expenses required to finish a project, promise, or contract. It is a type of damages awarded to a party in a contract that another party intentionally breached.

For example, in the case of Groves v. John Wunder Co., a company broke a lease contract to restore land after removing gravel from it. The court awarded Groves the cost of completion to make the land level again. However, some other courts may use different types of damages that would award only a fraction of the cost to complete the contract.

The cost of completion is an important concept in contract law as it ensures that the party who was wronged is compensated for the full amount required to complete the project or contract. This helps to discourage parties from intentionally breaching contracts and ensures that justice is served.

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glovediedthisishismom
13:24
thats definetly horsey on an alt
glovediedthisishismom
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no way any professor did that
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thrifted a vintage burberry suit today and feeling unstoppable
Dkk
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Nice
glovediedthisishismom
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im in the field like a defensive lineman im always in saks 💯
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That's awesome
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real ones shop at bergdorf
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real ones shop at YMH
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i missed another fordham wave
triplethread
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mamas getting denied
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the bergdorf on 5th Ave in NYC is so
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it feels like home
Dkk
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I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
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im addicted to reacting to all of the decisions
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with the emojis
HopefullyInLawSchool
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I shop at Joe
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Joe's
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i shop at tawget
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i shop at giant eagle
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How did i miss Fordham and American’s wave and I applied in september 🙃
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Lol UC Davis took me of ED and put me in RD
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surprised I didnt get straight denied
HopefullyInLawSchool
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they emailed you/
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?
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@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
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yak you will be fucking shit up at cornell this time next year dw
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