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Simple English definitions for legal terms

expectation damages

Read a random definition: Patent and Trademark Office (PTO)

A quick definition of expectation damages:

Expectation damages are a type of compensation that a person can receive if someone breaks a contract. The goal of expectation damages is to make the person who was not at fault feel like they got what they were promised in the contract. This means that they should get back what they gave, plus any extra costs that came up because of the broken contract.

A more thorough explanation:

Expectation damages are a type of compensation that can be awarded to the non-breaching party in a contract dispute. The goal of expectation damages is to put the non-breaching party in the same position they would have been in if the breaching party had fulfilled their contractual obligations.

For example, let's say that a homeowner hires a contractor to build a new deck on their house. The contract specifies that the deck will be completed within three months and will cost $10,000. However, the contractor fails to complete the deck on time and the final cost ends up being $12,000. In this case, the homeowner could seek expectation damages to recover the $2,000 difference between what was promised and what was delivered, as well as any additional costs incurred as a result of the breach.

Another example of expectation damages might be a situation where a business hires a consultant to provide advice on a new product launch. The contract specifies that the consultant will deliver a detailed report within two weeks, but the report is not delivered until four weeks later. As a result, the business incurs additional costs and loses potential revenue. In this case, the business could seek expectation damages to recover the costs and lost revenue that resulted from the breach of contract.

Overall, expectation damages are an important tool for ensuring that contracts are fulfilled as promised and that parties are held accountable for any breaches of contract that occur.

expectancy | expectation of privacy

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12:34
gotchu
hello friends
13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
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