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book Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson cover

Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

Edition 19ISBN: 978-1305654921
book Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson cover

Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

Edition 19ISBN: 978-1305654921
Exercise 2
Yakima Compost Company, Inc. entered into a twenty-five year agreement with La Paz County, Arizona to receive and process sewage sludge from treatment facilities inside and outside of Arizona through a solar drying process on county land. After executing agreement, the county decided it no longer wanted to do business with Yakima and terminated the contract. The termination caused Yakima to lose millions of dollars in business from other governmental entities that had committed to sending Yakima their sewage for treatment. A jury awarded Yakima $9.2 million in compensatory damages for lost profits as a result of the terminated contract. Yakima appealed, arguing that in addition to compensatory damages, the court should have awarded specific performance that would require La Paz County to complete its twenty-five year agreement with Yakima. Was specific performance an appropriate remedy in this case?
Explanation
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Compensatory damages:
The theory of law...

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Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
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