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11 March, 07:41

Meatpackers, Inc., enters into a contract with Nemiah's Ranch for the delivery of a certain number of beef cattle on a set schedule. Nemiah's delays the first delivery for five days, aware that Meatpackers loses a certain percentage of profit each day. An award to Meatpackers of consequential damages would

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  1. 11 March, 08:05
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    provide Meatpackers with funds for a foreseeable loss beyond the contract.

    Explanation:

    Meatpackers lose a few percent each day as a result of the delay. Ideally, meatpackers would be awarded an award of consequential loss, which would fund meatpackers with a loss beyond the contract with the meatpackers. so here Nemiah's failure to deliver on contract time is not only a matter of time for meatpackers, but as a result, they are losing money in terms of money affecting their business beyond the contract horizon.
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