MI Bar Practice Questions - Michigan Bar Examination Exam

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A homeowner contracts with a builder to construct a pool for $40,000. After completing 60% of the work, the builder repudiates and walks off. The homeowner pays another contractor $30,000 to finish. What is the homeowner's expectation measure of damages against the breaching builder?

Nothing, because the homeowner received a finished pool The full $40,000 contract price $$30,000 paid to complete, minus the portion of the contract price not yet paid to the original builder (cost of completion measure) $$40,000 plus punitive damages

Correct Answer:

$$30,000 paid to complete, minus the portion of the contract price not yet paid to the original builder (cost of completion measure)

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