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Topic 1: Consequential Damages – You be the Judge
Is Bi-Economy entitled to consequential damages for the destruction of its business?
This Discussion will assess how well you understand contract remedy of Expectation Interest. Begin by reading the facts of the case (Bi-Economy Market, Inc. v. Harleysville Ins. Co. of New York), then decide: Is Bi-Economy entitled to consequential damages for the destruction of its business?
Read the arguments for both sides carefully before formulating your decision. Be sure to reference (with proper APA citation) applicable laws to support your decision. Remember that this is a discussion, so keep your responses succinct and focused on the point. Respond substantively to at least two of your colleagues.