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Uniform Bar Examination (UBE)
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Reliance damages in a contract action are designed to restore the plaintiff to their:
Pre-contract position by reimbursing costs incurred in reasonable reliance on the contract
Expected position had the contract been fully performed, including lost profit
Position as a creditor with a secured interest in the defendant's assets
Market-equivalent position based on the fair value of the contract
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Correct Answer:
Pre-contract position by reimbursing costs incurred in reasonable reliance on the contract
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