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On September 1, Mira Agreed to Sell a Shipment of Beans

Question 44

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On September 1, Mira agreed to sell a shipment of beans to Marco for a total price of $20 000.He paid the price immediately and the contract required her to make delivery on December 1.She failed to do so.By that time, the market value of the beans had increased to $27 000.Although Marco could have arranged to receive a shipment of beans from another supplier almost immediately, he actually waited three weeks before entering into such a contract with Hector.By that time, the market value of the beans had increased to $30 000.Marco is entitled to expectation damages of $30 000 as long as a reasonable person could have predicted the full price increase on December 1.

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