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Simple English definitions for legal terms

expectation interest

Read a random definition: attested will

A quick definition of expectation interest:

Expectation interest: This is when someone has a right to get something they were expecting, but didn't get because of someone else's mistake. For example, if you ordered a toy online and paid for it, but the company didn't deliver it, your expectation interest would be getting the toy you paid for. It's like when you make a deal with someone and they don't keep their end of the bargain, you have a right to get what you were promised.

A more thorough explanation:

Definition: Expectation interest refers to the interest of a non-breaching party in being put in the position that they would have been in if the contract had been fulfilled.

Example: If a person hires a contractor to build a house and the contractor fails to complete the work, the expectation interest of the person would be the cost of completing the house with another contractor. This is because the person would have been in that position if the original contract had been fulfilled.

This example illustrates the definition of expectation interest because it shows how the non-breaching party (the person who hired the contractor) has an interest in being put in the position they would have been in if the contract had been fulfilled (having a completed house). The cost of completing the house with another contractor represents the expectation interest of the non-breaching party.

expectation | expectation of life

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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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