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Simple English definitions for legal terms

loss of bargain

Read a random definition: judgment notwithstanding the verdict

A quick definition of loss of bargain:

Loss of bargain: When someone breaks a promise or does something wrong that stops a business deal from happening, it's called a loss of bargain. This means that the person who was supposed to buy or sell something can't do it anymore, and they might lose money because of it. They can sue the person who caused the loss of bargain to get back the money they lost.

A more thorough explanation:

Definition: The loss of bargain is when a sale or business deal cannot be completed due to someone else's wrongdoing, such as a breach of contract, intentional interference with one's business, or negligence. This results in monetary damages that can be determined in a lawsuit.

Example 1: John agrees to sell his car to Jane for $10,000. However, on the day of the sale, John decides not to sell the car to Jane. This is a breach of contract, and Jane can sue John for the loss of bargain.

Example 2: Sarah owns a bakery and has a contract with a supplier to provide her with flour every week. However, the supplier fails to deliver the flour on time, causing Sarah to lose business and money. Sarah can sue the supplier for the loss of bargain.

These examples illustrate how the loss of bargain can occur when one party fails to fulfill their obligations in a business deal, causing the other party to suffer financial losses. In both cases, the injured party can seek compensation through a lawsuit.

literary property | M'Naughten rule

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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.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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